FinCEN Halts Beneficial Ownership Information Reporting (BOI)

The Financial Crimes Enforcement Network (FinCEN) has stated that it will refrain from enforcing the filing deadline and any penalties and fines for non-compliance with the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements for now.

This forbearance from enforcement will remain in effect until a future interim final rule is implemented, which will include a revised deadline.

Additional information available:

FinCEN.gov

FinCEN Release 02/27/2025