Comments Due to NAFCU: FinCEN - Beneficial Ownership Reporting Requirements
NAFCU would like to highlight the following:
- The ANPR seeks comments on how best to implement the FinCEN database, which is a secure, non-public database where required companies must report their beneficial ownership information.
- Credit unions may be able to access beneficial ownership information of legal entity members if the member provides consent.
Comments due to NAFCU: April 20, 2021
Comments due to NCUA: May 5, 2021
NAFCU will send comments on behalf of its members to the NCUA by their deadline (April 20, 2021).