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Mercury also rolled this out recently. got the email yesterday.
by djstein 3y ago
Mercury also rolled this out recently. got the email yesterday.
- bonestamp2 3y agoGiven the timing, I wonder if this has anything to do with compliance of FinCEN's new Beneficial Ownership Information Reporting requirements.
- drpossum 3y agoI think this is exactly related to that. Someone was whining in a different post yesterday for similar new requirements from google to publish an app on the Play Store and they felt that was "discriminatory" and devs should "band together to sue them".
- bonestamp2 3y agoThanks for reminding me, I also got an email from Google about that. It seems like there is a larger force at play rather than a coincidence that all of these companies suddenly have similar requirements.
- drpossum 3y agoYes, there are new reporting requirement effective Jan 1 2024 in the US that entities that do business here have beneficiaries registered https://www.federalregister.gov/documents/2022/09/30/2022-21020/beneficial-ownership-information-reporting-requirements https://www.federalregister.gov/documents/2022/09/30/2022-21...