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Anti-Corruption

Hinshaw & Culbertson LLP

Texas Judge Issues Preliminary Nationwide Injunction Against Corporate Transparency Act

On December 3, 2024, Judge Amos L. Mazzant III of the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in the case of Texas Top Cop Shop, Inc. et al. v. Garland, halting the...more

Bailey & Glasser, LLP

Client Alert: Holiday Surprise: Nationwide Injunction Halts Corporate Transparency Act Enforcement

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The Corporate Transparency Act (“CTA”) requires most companies—except for certain exempt entities—to disclose their ownership details to the Financial Crimes Enforcement Network (“FinCEN”). A looming January 1, 2025 reporting...more

DLA Piper

Reporting Companies Should Remain Flexible Given Uncertain Future of the Corporate Transparency Act after Texas Court Grants...

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Congress passed the Corporate Transparency Act (CTA) as an anti-money laundering initiative in 2021 designed to combat the use of anonymous “shell companies” to facilitate money laundering, terrorist financing, and threaten...more

Jones Day

Spain Adopts New Measures to Fight Corruption

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As part of the Action Plan for Democracy, the Government of Spain recently established two new specialized prosecutorial units and a new independent whistleblower protection agency....more

Wilson Sonsini Goodrich & Rosati

Texas Federal Court Issues Preliminary Injunction, Temporarily Halting Enforcement of the Corporate Transparency Act and Its...

On December 3, 2024, a Texas federal district court judge in Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex., Dec. 3, 2024) issued a preliminary injunction nationwide temporarily halting...more

Mayer Brown

Novo Manual De Diretrizes De Programa De Integridade Para Empresas Privadas Da CGU

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Em 15 de outubro de 2024, a ControladoriaGeral da União (“CGU”) publicou o Volume II do “Manual Programa de Integridade: Diretrizes para Empresas Privadas” (“Manual”), que estabelece novas recomendações para a implementação,...more

Mayer Brown

CGU’s New Integrity Program Guideline for Private Companies

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On October 15, 2024, the Brazilian Office of the Comptroller General (Controladoria-Geral da União or “CGU”) published Volume II of its Integrity Program Guideline for Private Companies (“Manual Programa de Integridade:...more

Seyfarth Shaw LLP

Court Stops the Presses: Enforcement of the CTA Has Been Enjoined Nationwide

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As many entities are scrambling to complete and file their beneficial owner information report ("BOI") under the Corporate Transparency Act, ("CTA") before the January 1, 2025 deadline, the United States District Court for...more

Katten Muchin Rosenman LLP

Breaking News: Federal District Court Halts Corporate Transparency Act Enforcement Nationwide

This Corporate Advisory provides a brief update on recent litigation regarding the Corporate Transparency Act (CTA) and its reporting requirements. It is not intended to, and does not, provide legal, compliance or other...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Corporate Transparency Act Nationwide Injunction Update

On December 3, 2024, Judge Amos L. Mazzant of the U.S. District Court for the Eastern District of Texas Sherman Division issued a preliminary injunction on the Corporate Transparency Act (the CTA) in favor of the plaintiffs...more

PilieroMazza PLLC

Corporate Transparency Act, Part 4: Reporting Requirements Temporarily Suspended

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As you may have been following, PilieroMazza previously reported on the requirements of the Corporate Transparency Act (CTA) and the reporting requirements that are associated therewith. On December 3, 2024, in the case of...more

Society of Corporate Compliance and Ethics...

[Event] 13th Annual European Compliance & Ethics Institute - March 10th - 12th, Lisboa, Portugal

Join us in Lisbon, Portugal for the 13th annual European Compliance and Ethics Institute, 10–12 March 2025! We look forward to gathering once again to share insights and strategies on the unique challenges of European...more

Bodman

Federal Court Puts Enforcement of the Corporate Transparency Act on Hold

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A federal court in Texas issued a nationwide preliminary injunction on December 3, 2024 that puts enforcement of the Corporate Transparency Act (“CTA”) on hold....more

Polsinelli

Texas Federal Court Issues Nationwide Injunction Against Enforcement of the Corporate Transparency Act

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On December 3, 2024, the U.S. District Court for the Eastern District of Texas (Sherman Division) issued a preliminary injunction in favor of the plaintiffs in the case of Texas Top Cop Shop, Inc. et al. vs. Garland (U.S....more

Ruder Ware

Ding Dong, the CTA is DEAD!

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A federal district court in Texas has issued a landmark decision postponing the enforcement of the Corporate Transparency Act (the “CTA”). The Court held that the CTA exceeds Congress’ power and is therefore likely...more

Society of Corporate Compliance and Ethics...

Albemarle: One year later

I had many ideas for an article that would expand on recent developments in the compliance and ethics space. My working title was the creatively light “Recent Developments.” But after meeting with SCCE & HCCA’s editorial...more

Whiteford

Client Alert: DOJ and OFAC Actions Showcase Expansive U.S. Oversight of Foreign Conduct

Whiteford on

The U.S. Department of Justice (DOJ) and the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) have recently announced two enforcement actions that demonstrate the U.S. government's aggressive and...more

Fenwick & West LLP

How to Use the DOJ ECCP to Bolster Your Compliance Program

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In September, the U.S. Department of Justice updated its Evaluation of Corporate Compliance Programs (ECCP) guidance, which is the roadmap that Criminal Division prosecutors use to evaluate a company’s compliance program....more

DLA Piper

‘Tis the season and past time for a ho-ho-hum approach to Corporate Transparency Act reporting deadline

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Time is running out for Corporate Transparency Act (CTA) compliance. The law, which became effective on January 1, 2024, requires certain entities – or “reporting companies” – to disclose information about their beneficial...more

World Law Group

2024 WLG Whistleblower Guide: China

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Is there a law to protect whistleblowers? If so, which law? So far, there is no overarching legislation protecting whistleblowers. However, laws and regulations containing provisions affording protection for whistleblowers...more

Thomas Fox - Compliance Evangelist

Compliance Lessons from Venice – Episode 2: The Arsenale and Incentivizing Compliance

In part 2 of the Compliance Lessons from Venice series, we journey to the Arsenale, the historic heart of Venice’s shipbuilding industry. During Venice’s golden age, the Arsenale was a hub of ingenuity, productivity, and...more

Quarles & Brady LLP

Year-End Corporate Transparency Act Reporting - Benefits Highlights

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As we approach the end of 2024, companies that existed prior to January 1, 2024, should already have on their radar the Corporate Transparency Act (“CTA”) beneficial ownership (“BOI”) reporting requirements or determine...more

Epstein Becker & Green

Corporate Transparency Act’s January 1, 2025, Deadline Looms for Reporting Companies Existing Prior to 2024

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The reporting requirements of the Corporate Transparency Act (CTA), included as part of the Anti-Money Laundering Act of 2020, went into effect on January 1, 2024, and certain deadlines of January 1, 2025, are fast...more

The Volkov Law Group

Measuring Compliance Program Performance and Effectiveness

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You often hear chief compliance officers speak about benchmarking. CCOs often reveal their competitive streaks when they collect information about other companies’ compliance programs. It can easily come off as a little...more

Lewitt Hackman

Corporate Transparency Act Year-End Deadlines Rapidly Approaching

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As we previously communicated in a client compliance alert last November, the federal Corporate Transparency Act (the CTA went into effect on January 1, 2024) requires certain organizations including corporations, limited...more

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