Earlier this year we posted about the reporting requirements of the Corporate Transparency Act (CTA or the “Act”) and the Financial Crimes Enforcement Network’s (FinCEN) proposed regulations implementing the Act. In December of 2021, FinCEN issued a Notice of Proposed Rule Making (NPRM) implementing the BOI reporting provisions of the CTA. Just last month, on September 29, 2022, FinCEN issued a final rule establishing the BOI reporting requirement of the CTA.