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Lawmakers demand bank access to FinCEN’s beneficial ownership registry

Sheldon Whitehouse
Sen Sheldon Whitehouse is one of five signatories. Photo: Anna Moneymaker/Getty Images

Julie DiMauro

2 min read
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Bipartisan group concerned about creation of ‘unnecessary and costly’ barriers.

On March 15, 2023, a bipartisan group of senators addressed a letter to the Director of the Financial Crimes Enforcement Network (FinCEN), urging the agency to amend certain aspects of its Notice of Proposed Rulemaking (NPRM) regarding beneficial ownership information (BOI) access and safeguards. 

Specifically, the senators

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