Tag: Financial Crimes Enforcement Network (FinCEN)

With its dramatic reversal early this month and newly issued interim rule, the Treasury Department has carved a clear fork ...

Most deadlines extended to Jan. 13

Seismic shifts are threatening to reshape the modern compliance landscape, from Supreme Court decisions tossing out decades of regulatory advantages ...

AML/CFT programs should expect increased enforcement actions

Data protection struggles amid cloud & AI expansion

New regulations will require companies to report accurate and up-to-date beneficial ownership information to the U.S. government. Keeping track of ...

Popular among Web3.0 companies, decentralized autonomous organizations, or DAOs, lack many of the traditional elements of legal business entities. But ...

Corporate Transparency Act will affect millions of businesses starting next year

The 2021 Corporate Transparency Act included new reporting requirements that represent the most significant change in the formation of corporations ...

If you haven’t heard of the CTA, you’re not alone

Complex structures common in family business likely to make for filing headaches

This April, FinCEN brought its first-ever enforcement action against a trust company since the agency’s founding in 1990 —a $1.5 ...