On August 11, 2026, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule finalizing changes to the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting regime, replacing the interim final rule that was issued in 2025. The final rule exempts US companies and US persons from the BOI reporting requirements and the obligation to correct or update previously provided information, ending for now a compliance regime that was originally expected to apply to millions of domestic entities and persons. The final rule became effective August 14, 2026.

Continue reading for key aspects of the final rule.