FinCEN plans to delete data on U.S. companies from beneficial ownership database

Reported by Carmen Molina Acosta (Excerpt shared below. To read full report, go to: https://www.icij.org/news/2025/09/fincen-plans-to-delete-data-on-u-s-companies-from-beneficial-ownership-database/) Five years after ICIJ’s FinCEN Files investigation exposed the pivotal role the U.S. financial system plays in global dirty money flows, authorities are winding back landmark reforms pushed through in the wake of the revelations, prompting widespread concerns from transparency advocates. […]