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Relief Measures Corporate Transparency Act

WilmerHale

Corporate Transparency Act: Treasury Announces CTA Relief for U.S. Citizens and Domestic Companies

WilmerHale on

In a major shift in policy, just days after the Financial Crimes Enforcement Network (“FinCEN”) announced that it would pause enforcement of the beneficial ownership information (“BOI”) reporting requirements under the...more

Venable LLP

The U.S. Department of the Treasury Suspends Enforcement of the CTA Against U.S. Citizens and Domestic Reporting Companies

Venable LLP on

Just when you thought the dust was settling, the U.S. Department of the Treasury (Treasury Department) issued a press release on Sunday, March 2, in connection with the rollout of the Corporate Transparency Act (CTA)....more

Akerman LLP

FinCEN Extends Corporate Transparency Act Reporting Deadlines for Hurricane Victims

Akerman LLP on

The Financial Crimes Enforcement Network (FinCEN) announced as of October 29, 2024, a six-month extension for certain businesses affected by recent hurricanes to submit their beneficial ownership information (BOI) reports...more

Nelson Mullins Riley & Scarborough LLP

FinCEN Announces Relief Plans for Qualified Victims Impacted by Recent Hurricanes

The Financial Crimes Enforcement Network (FinCEN) recently announced plans to provide relief to victims of recent hurricanes and natural disasters, including Hurricane Helene. FinCEN is providing an additional six months to...more

Goodwin

FinCEN Issues NPRM Regarding Access to Beneficial Ownership Information and Related Safeguards

Goodwin on

Regulatory Developments - FinCEN Issues NPRM Regarding Access to Beneficial Ownership Information and Related Safeguards - On December 15, FinCEN issued a Notice of Proposed Rulemaking (NPRM) that would implement...more

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