On March 21, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) published an interim final rule (the “March 21 Rule”) that: Narrows (significantly) the beneficial ownership information (“BOI”)...more
3/24/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Compliance ,
Corporate Counsel ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Regulatory Requirements ,
Reporting Requirements ,
Rulemaking Process ,
U.S. Treasury
On January 10, 2025, the United States announced (another) major sanctions package targeting Russia, potentially representing the Biden administration’s last and best effort to strengthen Ukraine’s negotiating position in...more
1/14/2025
/ Biden Administration ,
Economic Sanctions ,
Energy Sector ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
Sanctions ,
U.S. Commerce Department ,
U.S. Treasury ,
Ukraine
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”), including a stay of the CTA’s Beneficial...more
On October 28, 2024, the U.S. Department of the Treasury released a final rule (“Final Rule”) to implement the China-focused outbound investment program introduced by Executive Order 14105 (the “Outbound EO”)....more