IIF Authors

Status: Will be live at 02/10/2022 14:40

IIF Comments on FinCEN Beneficial Ownership Rulemaking 

The IIF has submitted comments on the Notice of Proposed Rulemaking by FinCEN in the United States which proposes to establish beneficial ownership reporting requirements. The response highlights the importance of international consistency in the rulemaking process and focuses on ensuring the interoperability of beneficial ownership registries, along with reporting and access requirements in line with the Financial Action Task Force (FATF) standards.