{"id":9666,"date":"2024-01-13T09:35:15","date_gmt":"2024-01-13T14:35:15","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=9666"},"modified":"2024-01-13T11:39:24","modified_gmt":"2024-01-13T16:39:24","slug":"beneficial-ownership-information","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/beneficial-ownership-information\/","title":{"rendered":"Beneficial Ownership Information"},"content":{"rendered":"\n
FinCEN’s Beneficial Ownership Information refers to the details that certain entities are required to provide to the Financial Crimes Enforcement Network<\/a> (FinCEN<\/a>), a bureau of the U.S. Department of the Treasury. This requirement is part of broader measures aimed at preventing financial crimes like money laundering<\/a> and terrorist financing. Here’s a breakdown of what this information typically includes:<\/p>\n\n\n\n The Beneficial Ownership Information requirements are part of broader regulations under the Bank Secrecy Act<\/a> and other financial regulatory frameworks<\/a>, aimed at enhancing the integrity of the financial system and combating financial crime.<\/p>\n","protected":false},"excerpt":{"rendered":" FinCEN’s Beneficial Ownership Information refers to the details that certain entities are required to provide to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This requirement is part of broader measures aimed at preventing financial crimes like money laundering and terrorist financing. Here’s a breakdown of what this […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3611,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":" FinCEN’s Beneficial Ownership Information refers to the details that certain entities are required to provide to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This requirement is part of broader measures aimed at preventing financial crimes like money laundering and terrorist financing. Here’s a breakdown of what this information typically includes: Definition of a Beneficial Owner: A beneficial owner is generally defined as an individual who directly or indirectly owns or controls a significant percentage (usually 25% or more) of the equity interests of a company. It can also include persons who have…<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":" FinCEN’s Beneficial Ownership Information refers to the details that certain entities are required to provide to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This requirement is part of broader measures aimed at preventing financial crimes like money laundering and terrorist financing. Here’s a breakdown of what this information typically includes: Definition of a Beneficial Owner: A beneficial owner is generally defined as an individual who directly or indirectly owns or controls a significant percentage (usually 25% or more) of the equity interests of a company. It can also include persons who have…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\n\n