Shell Game: New York State on the Brink of Creating Public LLC Database
Empire State lawmakers aim to lift veil of corporate anonymity in fight against money laundering
Tag: Corporate Transparency Act (CTA)
Under the Corporate Transparency Act (CTA), millions of U.S. business must provide beneficial ownership information to the federal government in a FinCEN-maintained database. While many types of entities are exempt, they are generally those in regulated industries, meaning they likely already report this information to the government.
A (Beneficial) Owners Manual: Staying Compliant in Light of New FinCEN Rule
New regulations will require companies to report accurate and up-to-date beneficial ownership information to the U.S. government. Keeping track of ...
Ownership Reporting Requirements May Ensnare Web3.0 Companies
Popular among Web3.0 companies, decentralized autonomous organizations, or DAOs, lack many of the traditional elements of legal business entities. But ...
Survey: Few Companies Subject to New CTA Reporting Requirements Are Aware of Them
Corporate Transparency Act will affect millions of businesses starting next year
Corporate Transparency Act: What Is It, and How Will It Affect Small Companies?
The 2021 Corporate Transparency Act included new reporting requirements that represent the most significant change in the formation of corporations ...
Countdown to the Corporate Transparency Act
If you haven’t heard of the CTA, you’re not alone
The Biden Administration’s New Attack on Corruption: What Businesses Need to Know
Though broad in scope, the Biden Administration's plan to counter domestic and international corruption follows four primary lines of effort. ...
FinCEN’s Registry Will Be a Game-Changer. It Will Also Place an Added Burden on Corporations.
The Corporate Transparency Act (CTA) passed last year mandates FinCEN to establish a national registry of ultimate beneficial ownership (UBO) ...
How the Corporate Transparency Act Shakes Up AML: Beneficial Ownership Updates and More
The CTA changes what constitutes beneficial ownership and establishes more robust automated data collection. In addition, it increases responsibilities and ...
The Corporate Transparency Act: Pulling Back the Veil
The Corporate Transparency Act (CTA) will require millions of U.S. businesses to provide beneficial ownership information to the federal government. ...
The Controversy Surrounding the Corporate Transparency Act
Gavin/Solmonese’s Anne Eberhardt explores the opposition to the Corporate Transparency Act of 2019, stemming in part from privacy concerns and ...
