What are the specific reporting requirements for foreign pooled investment vehicles?

By
David Senawi
Compliance
2
min read
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Foreign pooled investment vehicles must comply with specific BOI reporting requirements to enhance transparency and prevent misuse for illicit activities. These vehicles must report information about their beneficial owners, including their full legal names, dates of birth, residential addresses, and unique identifying numbers from acceptable identification documents. Additionally, they must report their own name, address, state of formation or registration, and taxpayer identification number (TIN). Understanding and meeting these reporting requirements ensures that foreign pooled investment vehicles comply with U.S. regulations and contribute to global financial transparency.

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BOI Compliance, LLC (“BOI Comp”) is not affiliated with the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) directly. FinCEN permits third-party service providers to assist business owners in submitting reports through FinCEN’s BOI E-filing website or an Application Programming Interface. Once BOI Comp submits your report to FinCEN, you will receive confirmation. FinCEN does not charge a fee if you wish to navigate the government’s reporting application process yourself and submit your company’s BOI report directly to FinCEN.