The U.S. Treasury Department has significantly scaled back the reach of the Corporate Transparency Act (CTA). Under a new interim final rule released by Financial Crimes Enforcement Network (FinCEN), U.S.-formed companies...more
The Corporate Transparency Act’s (CTA) reporting requirements are officially back in force, requiring non-exempt entities to disclose beneficial ownership information (BOI).
This week, a Texas federal court lifted the last...more
2/21/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Entities ,
Compliance ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
Enforcement ,
Enforcement Actions ,
Filing Deadlines ,
FinCEN ,
Regulatory Requirements ,
Reporting Requirements ,
Transparency
An appellate panel has stayed the nationwide injunction issued by a federal judge in Texas that halted enforcement of the Corporate Transparency Act (CTA). Hours later, the U.S. Financial Crimes Enforcement Network (FinCEN)...more
12/26/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Appeals ,
Beneficial Owner ,
Business Entities ,
Constitutional Challenges ,
Corporate Transparency Act ,
Filing Deadlines ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays ,
Time Extensions
Have you or your professional advisers evaluated whether any entities you own, manage, or control are subject to the beneficial ownership reporting requirements of the Corporate Transparency Act (CTA)? If you've done so and...more
9/17/2024
/ Beneficial Owner ,
CEOs ,
CFOs ,
Compliance ,
COOs ,
Corporate Dissolution ,
Corporate Transparency Act ,
Exemptions ,
Filing Deadlines ,
FinCEN ,
Reporting Requirements ,
Taxpayer Identification Number