# Update to the Public Utility Exemption Under the Beneficial Ownership Information Reporting Rule
> **FinCEN** · Final rule. · Published 2024-10-18 · 89 FR 83782
## Document
- **Document number:** 2024-23920
- **Category:** aml-bsa-fincen
- **Sub-agency:** FinCEN
- **Federal Register citation:** 89 FR 83782
- **CFR reference:** 31 CFR 1010
- **Publication date:** 2024-10-18
## Abstract

FinCEN is publishing this final rule to clarify an exemption under the beneficial ownership information reporting rule that FinCEN published on September 30, 2022. This rule modifies the language exempting certain public utilities from the definition of "reporting company" in the beneficial ownership information reporting rule to more clearly implement the language of the exemption found in the Corporate Transparency Act.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/10/18/2024-23920/update-to-the-public-utility-exemption-under-the-beneficial-ownership-information-reporting-rule)
---
*AI Analytics · CC0 1.0*