News & Analysis as of

Penalties Reporting Requirements Regulatory Requirements

Wiley Rein LLP

FCC Proposes Significant Fine Against Broadcaster for Several Emergency Alert System Violations

Wiley Rein LLP on

On January 8, 2025, the Federal Communications Commission (FCC or Commission) released a Notice of Apparent Liability for Forfeiture (NAL) proposing a $369,190 penalty against a television licensee for willfully and...more

Spilman Thomas & Battle, PLLC

New Annual Report Requirement for Pennsylvania Business Entities

On November 3, 2022, Governor Wolf signed into law Act 122 of 2022. Among the many changes made by this legislation, Act 122 created an annual reporting requirement (like that imposed by most states) for most Pennsylvania...more

Allen Matkins

California May Soon Require Companies To Submit Elder Abuse Prevention Plans

Allen Matkins on

California legislators are introducing the first bills in the current biennium.  One of these bills, AB 83 (Pacheco), would add an entirely new division to the California Financial Code.  This new division would consist of a...more

Mitratech Holdings, Inc

5 Green Flags to Look For When Buying Legal Hold Technology

Mitratech Holdings, Inc on

How the Right Features in Legal Hold Technology Can Streamline Compliance and Mitigate Risk - With compliance penalties for mishandled data skyrocketing — think $10 million or more for GDPR violations — choosing a robust...more

McDermott Will & Emery

Update zum US-Transparenzregister

McDermott Will & Emery on

Handlungsbedarf für Unternehmen bis Jahresende - Nachdem das Transparenzregister in Deutschland und Europa inzwischen seit einigen Jahren existiert und dessen Meldepflichten in der Praxis umfassend beachtet werden, gibt...more

Sullivan & Worcester

Corporate Transparency Act: Client Alert Update

Sullivan & Worcester on

As we enter December, the deadline for existing non-exempt entities to comply with the Corporate Transparency Act (CTA) is fast approaching. Entities that were formed or registered to do business in the United States prior to...more

Gibney Anthony & Flaherty, LLP

Corporate Transparency Act: The Time to File is Now

If you have a small company in the U.S. with less than 20 employees, you need to be aware of a new law that directly impacts your business. The Corporate Transparency Act (the “CTA”) requires you to provide information to the...more

Spilman Thomas & Battle, PLLC

The Corporate Transparency Act: Deadline Approaching

Before we know it, 2024 will be coming to a close. As we approach the end of the year, we want to remind you of an important upcoming deadline under the Corporate Transparency Act. Companies formed before January 1, 2024 must...more

Sheppard Mullin Richter & Hampton LLP

The Corporate Transparency Act: What You Need to Know Ahead of the January 1, 2025 Deadline

The January 1, 2025 deadline for any “reporting company” formed prior to January 1, 2024 to file a Beneficial Ownership Information Report (“BOIR”) with the Department of the Treasury’s Financial Crimes Enforcement Network...more

UB Greensfelder LLP

Deadline Approaching Under The Corporate Transparency Act

UB Greensfelder LLP on

Have you filed your company’s BOI report? As announced in December 2023, under the Corporate Transparency Act (CTA), certain legal entities formed before January 1, 2024 have to file a Beneficial Ownership Information (BOI)...more

Winstead PC

The Corporate Transparency Act Requires Reporting of Beneficial Owners

Winstead PC on

The Corporate Transparency Act (the "CTA") became effective on January 1, 2024, requiring many corporations, limited liability companies, limited partnerships, and other entities to register with and report certain...more

Perkins Coie

Corporate Transparency Act Midyear Update: Game-Changing FinCEN Guidance and What To Do To Meet Year-End Filing Obligations

Perkins Coie on

June marked the six-month milestone for the implementation of the Corporate Transparency Act (CTA)—the landmark anti-money laundering law requiring beneficial ownership reporting for U.S. companies that became effective on...more

Woods Rogers

Corporate Transparency Act: What You Need To Know

Woods Rogers on

The Corporate Transparency Act (CTA) went into effect on January 1, 2024, creating a national beneficial owner database to be used in combating money laundering,  by requiring companies to report information about their...more

Sheppard Mullin Richter & Hampton LLP

Hospitality Alert: Quick Facts on the Corporate Transparency Act

Whether you are a hotel owner, operator, or developer, or anyone who has an interest in an LLC, corporation, or limited partnership, you should be aware of your new compliance obligations under the Corporate Transparency Act...more

Sheppard Mullin Richter & Hampton LLP

The Corporate Transparency Act: Which Business Entities are Impacted and What is Required

Beginning on January 1, 2024, the Corporate Transparency Act (the “CTA”) requires each domestic and foreign entity that qualifies as a “reporting company” to file a Beneficial Ownership Information Report (“BOIR”) with the...more

Verrill

Corporate Transparency Act—Overview and Initial Steps to Be Taken

Verrill on

The Corporate Transparency Act became effective January 1, 2024 and will require more than 30 million U.S. entities to register in 2024 with FinCEN (a bureau of the U.S. Treasury Department). Most large companies and...more

Lippes Mathias LLP

Important Actions for Necessary Businesses and Entities Affected by the New Corporate Transparency

Lippes Mathias LLP on

Entities and Individuals Required to File a Report: Effective January 1, 2024, the Corporate Transparency Act (“CTA”) now requires a significant number of foreign and domestic businesses and entities in the United States...more

Miller Canfield

The Corporate Transparency Act: An Overview

Miller Canfield on

What is the CTA? The CTA was passed by Congress on January 1, 2021 as part of the Anti-Money Laundering Act of 2020. The purpose of the CTA is to prevent illicit activity, including the use of shell and front companies to...more

Fuerst Ittleman David & Joseph

Corporate Transparency Act: Executive Summary

The Corporate Transparency Act became law in the United States on January 1, 2021 and required compliance beginning on January 1, 2024. For more information about the background of the statute, please read our prior articles...more

McGlinchey Stafford

Corporate Transparency Act Reporting Begins: Are You Ready?

McGlinchey Stafford on

Effective January 1, 2024, companies must disclose their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) within the United States Department of Treasury. The reporting requirement is part of the U.S....more

Allen Barron, Inc.

The Corporate Transparency Act takes Effect Monday, January 1, 2024

Allen Barron, Inc. on

The Corporate Transparency Act takes effect Monday, January 1, 2024. What are the primary goals of the Corporate Transparency Act? Who is required to comply with the information disclosures within this important new law and...more

Husch Blackwell LLP

Corporate Transparency Act Guide

Husch Blackwell LLP on

On January 1, 2024, the Corporate Transparency Act (CTA) will go into effect, and if your business is deemed to be a Reporting Company under the CTA, the clock will begin ticking on new federal reporting obligations....more

Stinson LLP

Overview of New Reporting Requirements Under the Corporate Transparency Act

Stinson LLP on

What is the Corporate Transparency Act- The Anti-Money Laundering Act of 2020, which is part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA), established the Corporate Transparency Act (CTA)....more

Verrill

Corporate Transparency Act—Considerations Affecting Entities That Are Exempt or Excluded from Reporting Company Status

Verrill on

The Corporate Transparency Act (CTA) takes effect starting January 1, 2024. The Act is administered by FinCEN, a bureau of U.S. Treasury charged with combatting money laundering and other financial crimes. The central feature...more

McCarter & English, LLP

Beneficial Ownership Reporting under the Corporate Transparency Act—What to Do Now?

Effective January 1, 2024, the Financial Crimes Enforcement Network’s (FinCEN’s) final rule under the Corporate Transparency Act (CTA) will require certain companies to file a report with FinCEN. ...more

29 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide