FSC Publishes Guide on How to Navigate New FinCEN Reporting Requirements

LOS ANGELES — Free Speech Coalition has published a guide for members on how to navigate the new reporting requirements implemented by the Financial Crimes Enforcement Network (FinCEN).

As of January 1st, 2024, the United States Financial Crimes Enforcement Network (FinCEN) has implemented new reporting requirements aimed at combating financial crimes. The Free Speech Coalition encourages its members who own businesses to ensure compliance with these regulations. Here’s what you’ll need to know to navigate FinCEN’s new beneficial ownership information reporting requirements.

Understanding the Reporting Requirements: Who Does This Apply to?

These reporting requirements primarily concern companies doing business in the United States, including those owned by members of the Free Speech Coalition. The FinCEN Small Entities Compliance Guide outlines which companies are required to report and which companies are exempt. To determine whether the requirements apply to you, refer to the chart below, which is also listed on page 9 of the Small Entities Compliance Guide.

If your company is a reporting company, your next step is to identify its beneficial owners. A beneficial owner is any individual who, directly or indirectly, exercises substantial control over a company or owns or controls at least 25 percent of its ownership interests. Companies are required to identify and report all owners and beneficiaries.

How to Report:

Reporting companies must file their reports electronically through the FinCEN secure filing system, which is available as of January 1, 2024. FinCEN has published instructions and technical guidance on how to complete the report form on their website. If a reporting company is unable to file electronically, they should contact FinCEN for assistance. You also have the option to create a FinCEN ID.

What You Need to Report:

Reporting companies must provide specific information about each beneficial owner, including their name, date of birth, address, and identifying number and issuer from an accepted identification document. Additionally, information about the company itself, such as its name and address, must be submitted.

Deadlines for Reporting Requirements

For existing companies, the deadline for filing initial reports is January 1, 2025. New companies created or registered in 2024 must file within 90 calendar days after their creation or registration.

Useful Resources for Compliance:

FinCEN provides various resources to facilitate compliance, including a Small Entity Compliance Guide, informational videos, webinars, an FAQ and a contact center. These resources can be accessed on the FinCEN website.

For more detailed information and frequently asked questions, you can refer to FinCEN’s informational brochure here.

Svakom Appoints Topher as West Coast Accoumt Manager

Svakom Appoints Topher as West Coast Accoumt Manager

LOS ANGELES — Svakom has hired industry veteran Topher as its new West Coast account manager.

Topher joins the company with four years of experience in the adult industry, and eight in executive leadership positions.

“The company’s commitment to ensuring every individual’s needs are catered to, combined with the emphasis on designing, producing, and rigorously testing each product to guarantee unparalleled customer satisfaction, exemplifies a rare devotion to excellence,” Topher said regarding his decision to join the company. “Moreover, Svakom’s promise to continually evolve alongside technology, offering groundbreaking experiences to ignite passion, aligns seamlessly with my own pursuit of holistic well-being and progression. The founding values of Svakom, entrenched in the belief that sexual wellness is an essential human right, mirror my own ethos as well.”

He then elaborated on his goals for growing Svakom.

“As the newly appointed West Coast account manager, my primary objective is to spearhead a targeted brand awareness campaign that effectively educates individuals and businesses across the United States about Svakom’s innovative approach to sexual wellness,” he added. “By the end of the year, I aim to ensure that not only my existing accounts but also a broader network of potential partners and clients are not only aware of our brand but actively engaged with us in various capacities. Through a strategic combination of personalized outreach, informative sessions, and collaborative initiatives, I endeavor to establish Svakom as a prominent and respected presence on the West Coast, fostering meaningful connections and advancing our mission to enhance lives through luxurious and innovative sexual wellness products.”

For more information, visit Svakom.

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Canada: Age Verification of Adult Content Becomes Election Issue

Canada: Age Verification of Adult Content Becomes Election Issue

SYDNEY, Nova Scotia — Canadian Prime Minister Justin Trudeau this week criticized Conservative Party leader Pierre Poilievre for stating that if he is elected prime minister, his government will require age verification for adult content.

Poilievre’s comments regarding implementing an age verification system, which echo proposals by anti-porn religious conservatives in the U.S., were widely reported by media outlets. On Wednesday, when asked whether a governing Conservative Party would require some form of age verification, Poilievre simply said “yes.”

The debate over age verification in Canada currently involves S-210, a bill introduced by Canada’s top anti-pornography activist, Senator Julie Miville-Dechêne, who was appointed to fill a vacancy in the Canadian Senate rather than elected to the post. The bill would require an unspecified age verification method for adult websites, and would hold sites criminally liable if they fail to check a user’s age.

At an event in Cape Breton on Thursday, Trudeau criticized the opposition leader for “proposing that adults should have to give their ID and personal information to sketchy websites, or create a digital ID for adults to be able to browse the web where they want,” the CBC reported.

“That’s something we stand against,” Trudeau stated unequivocally.

To confuse matters, following Poilievre’s remarks, one of his spokespeople seemingly contradicted his statement, telling the CBC that the Conservative party “does not support requiring users to verify their age through a digital ID.”

The back-and-forth between the leaders of Canada’s two main parties comes in the wake of Trudeau announcing that the government’s forthcoming Online Harms Bill, meant to combat hate speech, terrorist content and some violent material on the internet, could come up for consideration as soon as next week.

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Tantus to Debut New Products at Altitude Intimates Next Week

Tantus to Debut New Products at Altitude Intimates Next Week

LAS VEGAS — Tantus will introduce new products next week at the 2024 Altitude show.

Tantus’ four product displays will be showcased in the exhibitor booths of its distributors at the event, and will be tailored to reflect the brand’s bestsellers and the products on which it is focusing in 2024.

Director of Sales and Marketing Cheri Curry described Altitude as a very important show for Tantus.

“At this show, our focus is to thoroughly support our distribution partners and their investment in Tantus,” Curry said. “We’ve had pre-show Zoom meetings with reps to discuss the curated displays we created for each distributor, as well as a highly successful Facebook Live event where industry retailers had the opportunity to ask their questions about Tantus directly. I am genuinely thrilled to engage with our distributors’ sales teams as well, to learn from their experiences as well as their challenges, and explore how I can contribute to their success.”

The collaborative effort, Curry added, “ensures that Tantus remains not just a brand, but a valuable partner with products that resonate in stores. Furthermore, at this year’s event, which falls on the 25th year since Tantus’ founding, we are really going to be embodying our ethos of ‘Meeting You Where You Play.’”

Throughout the past year, she noted, the company concentrated on substantial investments in R&D and manufacturing quality control.

“Additionally, we’ve strengthened our range of silicone products with colorways that do justice to the thoughtfully designed shapes and feels of the products, which makes them stand out on retail shelves,” Curry said. “In addition to our bestsellers and new colorways, we will also highlight our bestsellers in both the kink and anal categories, as we expand Tantus’ position in these growing verticals. This year’s Altitude show will be a perfect opportunity for us to reinforce our dedication to our partners’ success, mirroring the dedication evident in the quality and design of our products. We can’t wait to see everyone there!”

For more information, visit TantusInc.com.

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Jessica Ryan to Host OnlyFans Livestream Friday

LOS ANGELES — Jessica Ryan is hosting a livestream on OnlyFans tomorrow at 8 p.m. (PST).

“Haven’t you heard how sex makes me insatiable,” said Ryan. “After shooting a B/G/G scene for TeamSkeet, I know that I’m going to need some more before I go out Friday night.

“Come unload with me as the week ends, and get rewarded in orgasms and spoilage,” Ryan added. “My three top tippers will be smattered with my adoration, sexy content and gifts after they direct my live show with their perverse imaginations and wallets.”

Visit Jessica Ryan’s OnlyFans; follow her on X.com.

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Lauren Phillips to Headline in Huntsville, Alabama This Weekend

HUNTSVILLE, Ala. — Newly crowned XBIZ MILF Performer of the Year Lauren Phillips will headline at Huntsville’s Uncle Bucks tomorrow and The Pony-Bama on Saturday.

Phillips will feature on the main stage twice a night and host multiple meet-and-greets where she will be available for selfies and selling merch. Fans and patrons will also be able to purchase a VIP lap dance.

“This weekend will be so much fun, you can see me at two different clubs,” said Phillips. “You can look forward to crowd participation, games, incredible stage shows, surprises, and more. You don’t want to miss out, so get there early each night for the best seats.”

For more information, visit Uncle Bucks and Pony-Bama.

Follow Lauren Phillips on X.com.

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Zariah Aura Headlines ‘My Best Friend’s TS Sister 2’ From TransSensual

Zariah Aura Headlines 'My Best Friend's TS Sister 2' From TransSensual

MONTREAL — Zariah Aura stars with Haven Rose and Itzel Saenz in “My Best Friend’s TS Sistser 2,” from Mile High Media studio brand TransSensual.

The title also features Cliff Jensen, Joel Someone and Rodrigo Amor.

“With a brand-new cast of beautiful trans girls sharing their sensual talents, we are excited to present the second chapter of this explosive series,” said Mile High VP Jon Blitt. “Forbidden desires never burned hotter than in this wildly erotic adult drama, available only at TransSensual.com.”

“My Best Friend’s TS Sister 2” is streaming on TransSensual; Direct sales and distribution inquiries to victoria@mile-high-media.com or call 800-363-0133.

Follow Aura on X.com.

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Honey’s Place, Honey Play Box Partner for West Coast Expansion

Honey's Place, Honey Play Box Partner for West Coast Expansion

SAN FERNANDO, Calif. — Honey’s Place has partnered with Honey Play Box to expand the latter’s availability on the West Coast.

“We’re thrilled to be working closely with Honey’s Place,” said Honey Play Box Business Development Manager Joreail Armstrong. “In our early days, we used to drop ship from them on our website to boost our internal sales. Having them as a partner now is truly wonderful and unexpected. We’re glad to be here with them in 2024.”

Added Honey’s Place Director of Purchasing Kyle Tutino, “Honey’s Place is delighted to announce our exciting partnership with Honey Play Box. Honeys Play Box has quickly emerged as a pivotal player in the industry. Their innovative approach to toy design and creative marketing strategies have captured the attention of many. We look forward to combining our strengths and delivering even more value to our customers.”

For more information, visit HoneysPlace.

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Hime Marie Headlines Sacramento’s Gold Club Centerfolds This Week

SACRAMENTO, Calif. — Hime Marie is featuring at Sacramento’s Gold Club Centerfolds for four nights this week from today through to Saturday.

Marie will be performing and available for meet and greets, VIP lap dances and selfies. She will also be selling her exclusive merchandise.

Showtimes are today and tomorrow at 10:30 p.m. and 12:30 a.m. as well as Friday at noon, 10:00 p.m., 12:00 a.m. and 2:00 a.m. and Saturday 10:00 p.m., 12:00 a.m. and 2:00 a.m. (all PST).

“I love Sacramento, it’s a beautiful and fun city,” Marie said, “So I really can’t wait to dance, see what the club has to offer me and to meet and have a drink with all of you.”

For more details or to make reservations, visit Gold Club Centerfolds online.

Follow Hime Marie on X.com.

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Adaline Star to Self-Book All Shoots

HOLLYWOOD, Calif. — Adaline Star is now self-booking her shoots.

“The rising starlet has had much success and has worked with Brazzers, Reality Kings, Net Video Girls and Blush Erotica VR,” said a rep. “Directors, producers and studios can book her directly for girl/girl, boy/girl, solos and much more.

“She’s now based in Los Angeles but will travel to Las Vegas, Phoenix, Miami and other locales for work,” the rep added. “Adaline has a stellar work ethic, is professional, turns out amazing scenes and offers competitive rates for her scenes.”

Star enthused about her self-representation.

“I want to work with more top studios, get some acting roles and really make 2024 my year,” said Star. “To make this happen, I’ve permanently moved to Los Angeles and slightly lowered my rates, since I won’t be charged agency fees. I’m excited about all the possibilities.”

To book Star, email bookings@adalinestar.com.

Follow Adaline Star on X.com.

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