On March 21, 2025, FinCEN issued an interim final rule implementing the Department of the Treasury’s March 2, 2025 announcement that U.S. companies and U.S. beneficial owners will not be subject to any reporting requirements...more
On February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced it will not be enforcing the current Corporate Transparency Act (“CTA”) deadline of March 21, 2025 for Beneficial Ownership Information...more
On February 18, 2025, Judge Jeremy D. Kernodle of the Eastern District of Texas stayed his own preliminary injunction, which had blocked the enforcement of the Corporate Transparency Act (“CTA”), pending the government’s...more