The Financial Crimes Enforcement Network (FinCEN) has announced a six-month extension for Beneficial Ownership Information (BOI) reporting for businesses affected by recent hurricanes. This extension aims to ease compliance burdens in the wake of natural disasters. Additionally, FinCEN issued an alert regarding countering the financing of Hizballah and other terrorist activities. Legal experts have raised concerns about the implications of the Corporate Transparency Act (CTA) for trusts and estates, emphasizing the risks of noncompliance for businesses. In related news, the Kenyan Treasury projected that the public debt-to-GDP ratio will remain above the 55% benchmark until 2028, while the debt service to revenue ratio is expected to exceed the 18% threshold in 2024, 2025, and 2026 due to the maturity of a sovereign bond.