Treasury Department repeals Biden-era reporting requirement for US businesses

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Who published it, and when

How it spread - 5 original reports, 1 reprint

1. Wed, 12 August 2026

   1 report
   • The Hill17:47first to report
     Treasury Department repeals Biden-era reporting requirement for US businesses

     The Treasury Department on Tuesday officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN. The department initially proposed the repeal in March 2025 and published the final rule in the Federal Register on Tuesday. In addition to repealing the reporting requirement, the...

2. Thu, 13 August 2026

   1 report
   • The Hill16:47
     Grassley, Whitehouse blast Treasury decision on FinCEN

     Sens. Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.) issued a statement Thursday blasting the Treasury Department’s decision to exempt 99 percent of entities from their previous requirement to report beneficial ownership to the department's Financial Crimes Enforcement Network, or FinCEN. The senators issued a joint statement warning the final rule, which was published Tuesday, undermines...

3. Fri, 14 August 2026

   1 report
   • The Hill16:21
     4 things to know about Treasury Department's repeal of reporting requirement for US businesses

     The Treasury Department this week officially repealed a requirement for American companies and individuals to report beneficial ownership information (BOI), a move with sweeping implications for domestic firms. Under the finalized rule, U.S. companies no longer have to report information about individuals who either have an ownership stake of at least 25 percent or exercise “substantial control”...

4. Tue, 18 August 2026

   1 report
   • natlawreview.com18:15
     FinCEN Final Rule Permanently Ends Beneficial Ownership Reporting Requirements for US Companies and US Persons

     On Aug. 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). That same day, FinCEN also announced it would delete previously reported information by U.S. persons from the BOI database. The final rule became effective on Aug. 14, 2026.

     1 reprint

     • mondaq.com26 Aug, 05:56their copy
5. Wed, 19 August 2026

   1 report
   • mondaq.com06:04
     FinCEN Removes Duty To Report Beneficial Ownership Under Corporate Transparency Act

     FinCEN has issued a final rule permanently removing the requirement for U.S. citizens and companies to report beneficial ownership information under the Corporate Transparency Act.