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This rule adopts the exemptions from the interim final rule issued in 2025, solidifying the rollback of beneficial ownership reporting by US enterprises.

GRIP’s US Content Manager Julie DiMauro spoke to Anna Rosenberg, Senior Manager for Government Relations at LSEG in NY.

FinCEN to issue interim final rule extending reporting deadlines, and solicit comment on potential revisions to reporting requirements.

Alexander and Julie say mandates in consumer protection, sustainability reporting, and privacy mean companies must maintain resources and skills to meet compliance challenges.

The new rule raises capital thresholds for Qualified Eligible Persons, but comes short of implementing disclosure requirements.