News & Analysis as of

Data Protection Corporate Transparency Act

Nelson Mullins Riley & Scarborough LLP

Corporate Transparency Act Reporting Obligations Reinstated; Deadline Extended 30 Days

On February 19, 2025, FinCEN released a statement that BOI reporting obligations under the CTA are back in effect, after a recent U.S. District Court decision in the ongoing case of Smith et al. v. U.S. Department of the...more

Carey Olsen

A fine balance: new access regulations and privacy regulations for beneficial ownership information in the Cayman Islands

Carey Olsen on

Legislation in the Cayman Islands concerning beneficial ownership information continues to develop at a steady pace and the latest developments are particularly noteworthy. The Parliament of the Cayman Islands has recently...more

A&O Shearman

Luxembourg adapts its RCS and RBE legislations after CJEU ruling

A&O Shearman on

The Luxembourg Parliament recently enacted a law reforming the Trade and Companies Register (RCS) and the Register of Beneficial Owners (RBE) laws. This reform is a direct response to the decision of the Court of Justice of...more

Spilman Thomas & Battle, PLLC

Decoded - Technology Law Insights, V 5, Issue 9, November 2024

Welcome to our ninth 2024 issue of Decoded - our technology law insights e-newsletter. How are States Using Generative Artificial Intelligence? and Employee AI Adoption Cools Globally - Why this is important: As...more

Spilman Thomas & Battle, PLLC

The Health Record - Healthcare Law Insights, Issue 7, November 2024

Welcome to our seventh issue of The Health Record - our healthcare law insights e-newsletter. This will be our final issue of 2024. When we started this publication earlier this year, our goal was to provide our clients,...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – May 2024 #3

PilieroMazza PLLC on

Department of Agriculture (USDA) Final Rule: Removing Reference to SAM (System for Award Management) Managed Identifier (SAMMI) - On May 13, USDA published a Final Rule to remove references to SAMMI which became obsolete...more

DarrowEverett LLP

Entrepreneurial Success Begins By Navigating Key Legal Lessons

DarrowEverett LLP on

As often as we hear of the success stories of entrepreneurs, we are not always as privy to the many behind-the-scenes challenges they face. We may hear even less about the legal framework guiding their entrepreneurial dreams....more

Lowenstein Sandler LLP

Data Protection Demands Complicate CTA Compliance

Lowenstein Sandler LLP on

On Jan. 1, the Corporate Transparency Act (CTA) went into effect, premised on the belief that illicit actors use corporate structures like shell companies and fronts to hide their identities and launder criminal proceeds...more

Lowenstein Sandler LLP

Reporting Companies Under the Corporate Transparency Act Beware: Using Service Providers to Comply Creates New Data Privacy Risk

The Corporate Transparency Act (CTA), which became effective on January 1, requires that U.S. and foreign companies authorized to do business in the U.S. (each, a Reporting Company) report specific personal information...more

DarrowEverett LLP

Data Privacy Concerns With the CTA? Consider the Value of DAPTs

DarrowEverett LLP on

People are understandably nervous about sharing personal data no matter the circumstances. That can be especially true regarding estate planning, given the existence of the recently enacted Corporate Transparency Act (“CTA”)....more

Neal, Gerber & Eisenberg LLP

Client Alert: Beware of Fake CTA Reporting Requests

The Corporate Transparency Act (CTA), a law intended to enable the Financial Crimes Enforcement Network (FinCEN) to detect shell companies and protect the U.S. financial system from abuse by money launderers, drug...more

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