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New Rules Foreign Entities

Clark Hill PLC

Only Foreign Entities Need to Report Under the CTA

Clark Hill PLC on

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a new interim final rule on reporting under the Corporate Transparency Act (CTA). The new rule drastically...more

Seward & Kissel LLP

Update: U.S. Companies and U.S. Persons No Longer Required to Provide Beneficial Ownership Information under the Corporate...

Seward & Kissel LLP on

Following the Treasury Department’s announcement regarding the removal of fines and penalties under the Corporate Transparency Act (“CTA”), the Financial Crimes Enforcement Network (“FinCEN”) has now advised that U.S....more

Mitchell, Williams, Selig, Gates & Woodyard,...

FinCEN Beneficial Ownership Reporting No Longer Required for all U.S. Companies

After months of uncertainty regarding enforcement of beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA), Financial Crimes Enforcement Network (FinCEN) has issued new rules...more

Perkins Coie

IRS Clean Vehicle Tax Credit Rule Adds Hurdles for Domestic Electric Vehicle Manufacturing

Perkins Coie on

The Internal Revenue Service (IRS) published a final rule on May 6, 2024, defining eligibility requirements for the clean vehicle credit under Section 30D of the Internal Revenue Code, enacted by the Inflation Reduction Act...more

Barnea Jaffa Lande & Co.

New ISA Rules on Foreign Brokers’ Supervision of Marketers

As of February 10, 2024, new rules will apply to foreign entities that want to offer securities brokerage services via their marketers in Israel. The Israel Securities Authority promulgated these rules in December 2023, as...more

Seward & Kissel LLP

FinCEN's New Rule on Beneficial Ownership Information Reporting Requirements: Application to Investment Advisers and Related...

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January 1, 2024 is the effective date of a new rule (the “BOI Reporting Rule”) issued under the Corporate Transparency Act requiring domestic and foreign corporations, limited liability companies and other similar entities...more

Akin Gump Strauss Hauer & Feld LLP

Corporate Transparency Act: New Beneficial Ownership Reporting Requirements Starting January 1, 2024

Key Points - The Corporate Transparency Act (the “CTA”), implemented primarily through a rule published by FinCEN on September 30, 2022, the Beneficial Ownership Information Reporting Rule (“BOIR Rule”), becomes effective...more

K2 Integrity

SEC’s New Cyber Disclosure Rule: Challenges, Consequences, And Compliance

K2 Integrity on

The U.S. Securities and Exchange Commission’s (SEC) impending cyber disclosure rule, slated to commence on 15 December 2023, underscores an imperative shift towards a more transparent and accountable cybersecurity posture for...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Expands Prohibitions on Providing Services to Russian Entities and Adds Investment Restrictions

On 15 December 2022 the United Kingdom announced its latest expansion of sanctions against Russia. New prohibitions were added relating to trust services, and professional and business services, and existing restrictions...more

BakerHostetler

AD-ttorneys@law - June 2022 #2

BakerHostetler on

No More Social Fix for Cali Kids? New state bill targets social media addiction - Vertigo 2.0 - There’s a tidal wave of anger against social media. And every time it seems to crest, another swell comes up from...more

BakerHostetler

FCC's New Foreign Sponsorship Rules Go into Effect Stations Should Review Agreements Carefully for Compliance

BakerHostetler on

The Federal Communications Commission’s (FCC) new rules governing foreign sponsorship disclosures for broadcasters went into effect on March 15, 2022. Broadcast stations airing BBC, France 24, Al Jazeera and Deutsche Welle...more

Jones Day

Global Merger Control Update 2020

Jones Day on

Merger control enforcement continues to surge around the world and reaches well beyond the largest and traditionally most active enforcers (e.g., United States, European Commission, China, and Brazil). Beyond these countries,...more

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