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VeraBank Updates

Wealth Management

FinCEN BOI Reporting Rule Changes

January 1, 2024

New Year, New Rules! Effective January 1, 2024, corporations, LLCs and other US entities may need to make adjustments to their Beneficial Ownership Information (BOI) reporting.

For more information about the changes to BOI reporting requirements, frequently asked questions, or to subscribe to FinCEN (Financial Crimes Enforcement Network) updates please visit fincen.gov.

Stay compliant and informed to ensure you are prepared to make necessary adjustments for the new year.

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