The US Food and Drug Administration (FDA) has changed its policy of allowing import entries to declare the identity of the Foreign Supplier Verification Program (FSVP) importer as.
On January 1, 2021, Congress enacted the National Defense Authorization Act of 2021. As part of this legislation, Congress set out new Beneficial Ownership Information Reporting.
Background and Development - On December 7, 2021, the Financial Crimes Enforcement Network (“FinCEN”) published a Notice of Proposed Rulemaking (“NPRM”) for the.
Starting this year (2022), most private, domestic U.S. entities formed from and after January 1, 2021 will be required to self-report to the U.S. Treasury’s Financial Crimes.
U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued a notice of proposed rulemaking to implement the beneficial ownership information reporting provisions of the Corporate Transparency Act.