Department of the Treasury September 30, 2022 – Federal Register Recent Federal Regulation Documents

Beneficial Ownership Information Reporting Requirements
Document Number: 2022-21020
Type: Rule
Date: 2022-09-30
Agency: Department of the Treasury, Financial Crimes Enforcement Network
FinCEN is issuing a final rule requiring certain entities to file with FinCEN reports that identify two categories of individuals: the beneficial owners of the entity, and individuals who have filed an application with specified governmental authorities to create the entity or register it to do business. These regulations implement Section 6403 of the Corporate Transparency Act (CTA), enacted into law as part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA), and describe who must file a report, what information must be provided, and when a report is due. These requirements are intended to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and other illicit activity, while minimizing the burden on entities doing business in the United States.
U.S. Treasury Securities-State and Local Government Series
Document Number: 2022-21173
Type: Proposed Rule
Date: 2022-09-30
Agency: Department of the Treasury
The Department of the Treasury (Treasury) is issuing this notice of proposed rulemaking (NPRM) to amend the regulations governing State and Local Government Series (SLGS) securities. Treasury is proposing to amend the SLGS regulations to address misuse of the SLGS program, most notably the use of program flexibilities by tax- advantaged entities, usually a state or local government, investing in SLGS securities to create impermissible cost-free options. This NPRM proposes amendments to existing regulations to help stop such activity. In addition, this NPRM proposes administrative changes to increase efficiencies in the program.
Notice of OFAC Sanctions Actions
Document Number: 2022-21205
Type: Notice
Date: 2022-09-30
Agency: Department of the Treasury, Office of Foreign Assets Control
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has been placed on OFAC's Specially Designated Nationals and Blocked Persons List based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of this person is blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.