Threat actors never miss an opportunity to use recent events to infect computer systems or quickly and easily gather personal information. The Corporate Transparency Act (“CTA”) is just such an opportunity and businesses and...more
3/22/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Cyber Threats ,
FinCEN ,
Fraud ,
Reporting Requirements ,
Risk Management ,
Scams
On Jan. 1, the new Corporate Transparency Act (“CTA”) came into effect and imposes reporting obligations on domestic and foreign entities that are within the scope of the definition of “reporting company” under the statute....more
Originally published October 2023, updated January 2024. The Corporate Transparency Act (CTA) was enacted on Jan. 1, 2021, and requires new beneficial ownership reporting for U.S. and foreign companies. Reporting...more
The Corporate Transparency Act (CTA) was enacted on Jan. 1, 2021, and will require new beneficial ownership reporting for U.S. and foreign companies. Reporting requirements under 31 U.S.C. § 5336 are anticipated to begin Jan....more