Featuring Sam Matthew, In-House Counsel at Middesk
FinCEN’s recent decision to pause beneficial ownership reporting requirements for certain domestic entities—and delay compliance deadlines for others—has major implications for financial institutions and fintechs. With this exemption, the responsibility for UBO (ultimate beneficial ownership) transparency shifts away from businesses and squarely onto the shoulders of the institutions that serve them.
In this 30-minute BEV Break, Sam Matthew, In-House Counsel at Middesk, will unpack what’s changed (and what hasn’t), and what it means for your business verification strategy. Whether you're leading compliance, building onboarding workflows, or managing fraud risk, you’ll walk away with actionable strategies for navigating a fragmented UBO data environment—without compromising on trust, compliance, or scale.
Key takeaways:
- What the updated FinCEN BOI guidance means for business onboarding
- Why the exemption increases pressure on FIs and fintechs to independently verify UBOs
- Strategies for bridging the UBO data gap with smarter workflows and signals
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Live event:
Tuesday August 26th, 2025 1:00 pm - 1:30 pm
Available on demand
