As many will be aware, the Corporate Transparency Act (CTA) goes into effect on January 1, 2024. For those that are not yet familiar with the CTA, get ready. It was enacted into law on January 1, 2021 as part of the...more
With the stated goal of “counter[ing] money laundering, the financing of terrorism, and other illicit activity,” the Corporate Transparency Act (the “Act”), adopted on January 1, 2021, imposes novel beneficial ownership...more
2/10/2021
/ Anti-Money Laundering ,
Banks ,
Beneficial Owner ,
Broker-Dealer ,
Corporate Governance ,
Corporate Transparency Act ,
Disclosure Requirements ,
Exempt Organizations ,
FinCEN ,
Publicly-Traded Companies ,
Shareholders ,
Terrorism Funding