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Treasury’s FinCEN says it is permanently ending beneficial-ownership reporting requirements for millions of small business owners. Supporters call it relief; critics see a giant hole in anti-money-laundering enforcement.
Why it matters: Transparency rollback
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Treasury’s FinCEN says it is permanently ending beneficial-ownership reporting requirements for millions of small business owners. Supporters call it relief; critics see a giant hole in anti-money-laundering enforcement.
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