Tag: Corporate Transparency Act (CTA)

With its dramatic reversal early this month and newly issued interim rule, the Treasury Department has carved a clear fork ...

Revised rule would require only ‘foreign reporting companies’ to submit beneficial ownership reports

FinCEN extends deadline to March 21, says it will revisit rules later this year

Most deadlines extended to Jan. 13

Seismic shifts are threatening to reshape the modern compliance landscape, from Supreme Court decisions tossing out decades of regulatory advantages ...

Meeting exemption requirements can be complicated for nonprofits

List of exceptions to beneficial ownership is long — but complicated

Nearly 33 million U.S.-based business entities are obligated to file beneficial ownership reports with FinCEN under the Corporate Transparency Act ...

Data protection struggles amid cloud & AI expansion

With some exceptions, companies should assume they need to report beneficial ownership

OFAC launches public-facing sanctions database

Companies formed at the start of 2024 face fast-approaching deadline