JD Supra2h
The Corporate Transparency Act: FinCEN Removes Reporting Reqs for US Companies and Persons, Sets New Deadlines for Foreign Companies
In a press release issued on March 21, 2025, FinCEN issued an interim final rule (IFR) revising the definition of “reporting company” to mean ...
National Law Review2d
FinCEN Adopts Interim Final Rule Limiting CTA Reporting Requirements to Foreign Reporting Companies
US legal entities are no longer subject to the reporting requirements of the Corporate Transparency Act (CTA).
JD Supra2dOpinion
FinCEN Eliminates Beneficial Ownership Reporting by Domestic Companies and U.S. Residents Under the Corporate Transparency Act
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its promised interim final rule to eliminate the ...
Accounting Today6d
Treasury publishes rule narrowing BOI reporting
The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to ...
Corporate Transparency Act: Current Status and Future Implications for Health Care Clients
FinCEN is accepting comments on the rule and will assess the exemptions, as appropriate, in light of those comments. FinCEN ...
Tackling US’ secondary sanctions
India has earned waivers in the past, thanks to its geopolitical heft. Leveraging strategic partnerships and fortifying ...
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Corporate Transparency Act: Navigating the Latest Developments
Learn how the Corporate Transparency Act (CTA) affects small businesses, new reporting rules, and what owners must do to stay ...
US government to eliminate paper checks: Here's who will be affected in their payments
The days of receiving a paper check from the U.S. government are officially numbered. In a move aimed at modernizing federal ...
Do banks report deposits to the IRS
If you deposit more than $10,000 to your bank account, the bank will report it to the IRS. Learn more about how and why the ...
Compliance Week1d
OFAC, FinCEN tighten screws on Sinaloa Cartel’s money laundering network
The Trump administration has taken two actions to attack money laundering rings operating in Mexico, highlighting the U.S. government's focus on curbing the fentanyl trade and the illegal profits it ...
Crowdfund Insider6d
Regtech Fenergo to Assist Aduro Adivsors with AML and KYC Compliance Ahead of New FinCEN Regulations
Fenergo announced that it has partnered with Aduro Advisors, LLC, a  US-based fund administrator serving venture capital and ...
The National Law Review5d
FinCEN Exempts U.S. Companies and U.S. Persons from Beneficial Ownership Reporting Requirements
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...