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The U.S. Treasury Department has ended ownership reporting rules for companies, which were aimed at preventing financial crimes. Treasury Secretary Scott Bessent indicated that the rules created excessive burdens for businesses.
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The U.S. Treasury Department has ended ownership reporting rules for companies, which were aimed at preventing financial crimes. Treasury Secretary Scott Bessent indicated that the rules created excessive burdens for businesses.
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Treasury ends ownership reporting rules for U.S. companies
Treasury Department Repeals Ownership Reporting Rules for U.S. Companies