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
3/25/2025
/ Beneficial Owner ,
Compliance ,
Corporate Transparency Act ,
Filing Deadlines ,
FinCEN ,
Foreign Corporations ,
Foreign Entities ,
New Rules ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
U.S. Treasury
As discussed in a recent alert, most business entities are required under the Corporate Transparency Act to file a Beneficial Ownership Information Report with FinCEN by December 31st, 2024....more
As you may be aware, the Corporate Transparency Act (the “CTA”) requires most private U.S. legal entities to file a Beneficial Ownership Information (“BOI”) report with the Financial Crimes Enforcement Network, or “FinCEN,” a...more
It has been many years in the making, but the effective date of the Corporate Transparency Act (the “CTA”) is finally here. The CTA, enacted in 2021, is designed to prevent money laundering and other unlawful activity...more
1/12/2024
/ Anti-Money Laundering ,
Business Ownership ,
Corporate Transparency Act ,
Filing Requirements ,
FinCEN ,
Fraud ,
Investment Adviser ,
Limited Liability Company (LLC) ,
Penalties ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury