Search Results for keywords:"Interim Final Rule"

Found 2 results

Search Results: keywords:"Interim Final Rule"

View All
Oldest Newest
  • 2025-05199 — Beneficial Ownership Information Reporting Requirement Revision and Deadline Extension
    💰
    Type:Rule
    Citation:90 FR 13688
    Reading Time:about 51 minutes

    The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule to change the reporting requirements for beneficial ownership information under the Corporate Transparency Act. Previously, both domestic and foreign companies had to report information about their owners. Now, domestic companies are exempt from these requirements, and foreign companies are only required to report information about non-U.S. owners. This change is intended to reduce the burden on U.S. businesses, and FinCEN is asking for public comments before finalizing the rule.

    Simple Explanation

    The government has made a new rule that says only companies from other countries need to tell about their owners, but they don't have to tell about their American owners. This rule is meant to make things easier for U.S. companies, and the government wants people to share their thoughts on it.

  • 2025-03944 — Alien Registration Form and Evidence of Registration
    💰
    Type:Rule
    Citation:90 FR 11793
    Reading Time:about 38 minutes

    The Department of Homeland Security has introduced an Interim Final Rule (IFR) mandating a new registration process for aliens under the Immigration and Nationality Act. This rule advises aliens who have not registered to use form G-325R on myUSCIS to comply with the law. The IFR also outlines penalties for non-compliance, such as fines up to $5,000 and potential imprisonment. The rule includes provisions for public comments and considerations for implementing a $30 fee for biometric services, though there's no fee for now.

    Simple Explanation

    The government has made a new rule where people from other countries living here have to fill out a special form to let the government know they’re here, or they might have to pay a big fine or even go to jail. They’re asking people to give their fingerprints but aren’t charging for it right now.