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Regulatory Requirements Corporate Transparency Act Financial Services Industry

Ruder Ware

Yo-Yo-Yo: CTA is Back

Ruder Ware on

The Corporate Transparency Act (CTA) and its reporting requirements are back in effect. This afternoon, a federal district court in Texas granted the U.S. government’s motion to stay (i.e., pause) the nationwide CTA...more

Conyers

Portfolio Insurance Companies and the Updated Beneficial Ownership Regime

Conyers on

The Beneficial Ownership Transparency Act, 2023 (the “BOT Act”), Beneficial Ownership Transparency Regulations, 2024 (the “BOT Regulations”) and the Guidance on Complying with Beneficial Ownership Obligations in the Cayman...more

Eversheds Sutherland (US) LLP

Dual Registrant Regulatory Roundup - January 2025

Welcome to the Regulatory Roundup. Each month, Eversheds Sutherland Investment Services attorneys review significant regulatory developments (including notable rulemakings and guidance from securities regulators) from the...more

Mayer Brown

FinCEN Confirms Suspension of Corporate Transparency Act

Mayer Brown on

Join us for a new episode of Financial Services Focus with partners Gina Parlovecchio and Matthew Bisanz, and associate Kelly Truesdale, as they discuss FinCEN’s recent confirmation that reporting companies are not required...more

Conyers

Regulatory & Risk Advisory Review: Cayman Islands - April to June 2024

Conyers on

Welcome to the second instalment of 2024 of the Regulatory & Risk Advisory Review. In this edition we cover several Cayman Islands regulatory updates including updates to the Beneficial Ownership Transparency Act, the...more

Mayer Brown

FinCEN Issues Final Rule About Accessing Beneficial Ownership Information

Mayer Brown on

On December 21, 2023, the Financial Crimes Enforcement Network (“FinCEN”) released a final rule to implement the beneficial ownership information (“BOI”) access requirements of the Corporate Transparency Act (“CTA”) (the...more

A&O Shearman

Economic Crime and Corporate Transparency Act 2023 - anti-money laundering considerations for the regulated sector

A&O Shearman on

As part of the Economic Crime and Corporate Transparency Act 2023, there are two new 'pay-away' exceptions to the need for a firm in the regulated sector to file a Defence against Money Laundering - Previously a firm in...more

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