American Banker: Himamauli Das on Beneficial Ownership Reporting

In “Beneficial Ownership Regime’s Demise Removes Tool for Banks” (American Banker, 12 August 2026), Himamauli Das comments on FinCEN’s final rule exempting domestic companies and U.S. persons from most beneficial ownership reporting requirements, noting potential implications for financial crime investigations, customer due diligence, and U.S. implementation of global beneficial ownership standards.