COVERAGE
April 2024
Read time: 2 min
Schulte Roth & Zabel partners Michael Didiuk, Melissa Goldstein and special counsel Jessica Romano authored Bloomberg Law article, “FinCEN Beneficial Ownership Rules Require Private Fund Reporting.”
The article discusses the impact of the Beneficial Ownership Information Reporting Rule (BOI rule) on the private fund industry and outlines steps for compliance. The BOI rule, part of the Corporate Transparency Act (CTA), requires companies to report information about individuals who own or control them to the Financial Crimes Enforcement Network (FinCEN).
Read the article.
Reproduced with permission. Published April 8, 2024. Copyright 2024 Bloomberg Industry Group 800-372-1033. For further use, please visit https://www.bloombergindustry.com/copyright-and-usage-guidelines-copyright/
