The Corporate Transparency Act was passed in 2021 and took effect January 1, 2024. The purpose of the act is to help combat ...

The United Arab Emirates is set to engage in high-level discussions with the European Union to bolster international efforts against money laundering and financial crimes ... EU emphasized the ...

Resecurity, a leading provider of cybersecurity and threat intelligence solutions protecting Fortune 100 and government ...

Consequently, it appears that under the yet-to-be-issued new CTA rules, companies formed in the United States will not have to report their beneficial ownership to FinCEN.

The Treasury Department said it would not enforce the CTA against U.S. citizens and domestic corporations, meaning HOAs can ...

The Treasury Department announced that it will not enforce penalties or fines against U.S. companies that do not register ...

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

Former Treasury Secretary Janet Yellen and other officials previously estimated the regulatory burden would cost about $85 ...

After sitting on ice for most of the winter, the Corporate Transparency Act (CTA) is ready to spring into action. Companies ...

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and ...

Before the CTA was adopted, we were the money laundering capital of the world,” Taylor English Duma partner Jonathan Wilson ...