On January 1, 2021, Congress passed the Corporate Transparency Act (“CTA” or the “Act”) to “better enable critical national security, intelligence and law enforcement efforts to counter money laundering, financing of...more
10/14/2022
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Beneficial Owner ,
Certification Requirements ,
Corporate Transparency Act ,
Exemptions ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Foreign Corporations ,
Insurance Industry ,
Investment Adviser ,
Limited Liability Company (LLC) ,
Money Laundering ,
Pooled Investment Vehicles ,
Privately Held Corporations ,
Public Schools ,
Reporting Requirements ,
Russia ,
Terrorism Funding ,
Transparency ,
Ukraine
In the spring of 2018 and in the wake of the Facebook-Cambridge Analytica data scandal, tech CEOs Tim Cook of Apple and Mark Zuckerberg of Meta (fka “Facebook”) initiated a contentious and public debate over the ethics of...more