{"abstract":"FinCEN is promulgating proposed regulations to require certain entities to file reports with FinCEN that identify two categories of individuals: The beneficial owners of the entity; and individuals who have filed an application with specified governmental authorities to form the entity or register it to do business. The proposed regulations would implement Section 6403 of the Corporate Transparency Act (CTA), enacted into law as part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA), and describe who must file a report, what information must be provided, and when a report is due. Requiring entities to submit beneficial ownership and company applicant information to FinCEN is intended to help prevent and combat money laundering, terrorist financing, tax fraud, and other illicit activity. Once finalized, these proposed regulations will affect a large number of entities doing business in the United States. This document also invites comments from the public regarding all aspects of the proposed regulations as well as comments in response to specific questions.","action":"Notice of proposed rulemaking (NPRM).","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Financial Crimes Enforcement Network","name":"Financial Crimes Enforcement Network","id":194,"url":"https://www.federalregister.gov/agencies/financial-crimes-enforcement-network","json_url":"https://www.federalregister.gov/api/v1/agencies/194","parent_id":497,"slug":"financial-crimes-enforcement-network"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2021/12/08/2021-26548.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1010","title":31}],"citation":"86 FR 69920","comment_url":null,"comments_close_on":"2022-02-07","correction_of":null,"corrections":[],"dates":"Written comments on this proposed rule may be submitted on or before February 7, 2022.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"FINCEN","documents":[{"comment_count":259,"comment_start_date":"2021-12-08","updated_at":"2023-02-28T12:36:00.240-05:00","comment_url":"https://www.regulations.gov/commenton/FINCEN-2021-0005-0217","allow_late_comments":null,"id":"FINCEN-2021-0005-0217","comment_end_date":"2022-02-08","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"FINCEN-2021-0005","title":"Beneficial Ownership Information Reporting Requirements"}],"document_number":"2021-26548","effective_on":null,"end_page":69974,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2021/12/08/2021-26548.xml","html_url":"https://www.federalregister.gov/documents/2021/12/08/2021-26548/beneficial-ownership-information-reporting-requirements","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2021-26548?publication_date=2021-12-08","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2021-12-08/2021-26548/mods.xml","not_received_for_publication":null,"page_length":55,"page_views":{"count":46670,"last_updated":"2026-06-24 10:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-12-08/pdf/2021-26548.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-26548.pdf?1638893717","publication_date":"2021-12-08","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2021/12/08/2021-26548.txt","regulation_id_number_info":{"1506-AB49":{"issue":"202204","html_url":"https://www.federalregister.gov/regulations/1506-AB49/section-6403-corporate-transparency-act","title":"Section 6403. Corporate Transparency Act","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202204&RIN=1506-AB49&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1506-AB49"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1506-AB49/section-6403-corporate-transparency-act","title":"Section 6403. Corporate Transparency Act"},"comments_count":259,"agency_id":"FINCEN","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FINCEN-2021-0005","supporting_documents_count":0,"docket_id":"FINCEN-2021-0005","document_id":"FINCEN-2021-0005-0217","regulation_id_number":"1506-AB49","title":"Beneficial Ownership Information Reporting Requirements","checked_regulationsdotgov_at":"2023-02-28T17:35:59Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":69920,"subtype":null,"title":"Beneficial Ownership Information Reporting Requirements","toc_doc":"Beneficial Ownership Information Reporting Requirements","toc_subject":null,"topics":["Administrative practice and procedure","Aliens","Authority delegations (Government agencies)","Brokers","Business and industry","Citizenship and naturalization","Commodity futures","Currency","Electronic filing","Holding companies","Indians","Indians-law","Indians-tribal government","Insurance companies","Investigations","Investment companies","Law enforcement","Penalties","Reporting and recordkeeping requirements","Securities","Small businesses","Terrorism","Time"],"type":"Proposed Rule","volume":86}