News

The U.S. Financial Crimes Enforcement Network began accepting individual filings of beneficial ownership data on Monday, Jan. 1, as mandated by Congress, but as of Wednesday had yet to launch the interface third parties require to share the details of their corporate clients in bulk. Once launched, the "application program interface," or API, will enable third-party filers to submit batches of names, addresses and other details of the owners of millions of limited liability companies, limited partnerships and other legal entities in digital format to FinCEN, which will begin making those details available to "key federal agency users" at some...