Over three years ago, Congress enacted the federal Corporate Transparency Act ("CTA"), which for the first time obligates business owners, among others, to file beneficial ownership information ("BOI") reports with the U.S....more
9/10/2024
/ Beneficial Owner ,
Compliance ,
Constitutional Challenges ,
Corporate Governance ,
Corporate Transparency Act ,
Filing Deadlines ,
Final Rules ,
FinCEN ,
Pending Litigation ,
Regulatory Requirements ,
Reporting Requirements
The Corporate Transparency Act (CTA), which became effective on January 1, 2024, was enacted to combat the use of shell companies by those seeking to evade anti-money laundering laws and economic sanctions. ...more
3/8/2024
/ Anti-Money Laundering ,
Beneficial Owner ,
Commerce Clause ,
Compliance ,
Constitutional Challenges ,
Corporate Transparency Act ,
Economic Sanctions ,
Fifth Amendment ,
Financial Crimes ,
FinCEN ,
First Amendment ,
Foreign Entities ,
Fourth Amendment ,
Injunctions ,
Reporting Requirements ,
Shell Corporations ,
Small Business