Tag: KYC

In Pursuit Of “Corporate Transparency,” A Mass Doxxing Of LLCs Puts Financial Freedom And Privacy At Risk

Beginning this year, any individual with shares in an American domiciled company will be required to submit identifying information to FinCEN. This record collection from the US Treasury Department’s Financial Crimes Enforcement Network is intended to “curb illicit finance” by requiring a national database of every “beneficial owner” of an LLC. As stipulated by the Corporate Transparency Act, passed by Congress in […]