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by djstein 846 days ago
Mercury also rolled this out recently. got the email yesterday.
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Given the timing, I wonder if this has anything to do with compliance of FinCEN's new Beneficial Ownership Information Reporting requirements.
I 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".
Thanks 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.
Yes, 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/2022/09/30/2022-21...