This is a basic primer describing the Corporate Transparency Act (“CTA“) which was enacted into federal law on January 1, 2021 as part of the Anti-Money Laundering Act of 2020 and became effective January 1, 2024. The...more
2/5/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Beneficial Owner ,
Corporate Transparency Act ,
Corruption ,
Financial Crimes ,
Financial Regulatory Reform ,
FinCEN ,
National Security ,
Reporting Requirements ,
Shell Corporations
Episode 3 – Information Required to be Reported and Who is a “Beneficial Owner” -
Episode 1 in our series outlined the purpose behind the Corporate Transparency Act (“CTA”) and Episode 2 described what constitutes a...more
Episode 2 – Reporting Companies and Exceptions -
Episode 1 in our series outlined the purpose behind the Corporate Transparency Act (“CTA”) and provided an overview of the CTA and the most recent proposed regulations. This...more