U.S. companies in no hurry to disclose ownership under new Treasury rule ...Middle East

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U.S. companies in no hurry to disclose ownership under new Treasury rule
U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6, 2023. Daniel Becerril | Reuters WASHINGTON — Treasury Secretary Janet Yellen on Monday announced that just one week after a major new reporting requirement went into effect, over 100,000 small businesses have already registered with the department’s beneficial ownership database. though initial numbers lag behind projections. “We’re closing a loophole and sending a clear message: The United States is not a haven for dirty money,” Yellen said during a visit to ther Financial Crimes Enforcement Network, or FinCEN, headquarters in Vienna, Virginia. Initial numbers la

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