All That For Nothing? FinCEN Exempts U.S. Businesses From CTA Reporting
The Financial Crimes Enforcement Network has issued an interim final rule exempting domestic U.S. companies and U.S. citizens ...
Corporate Transparency Act Still Blocked Despite Supreme Court Decision
The Treasury’s Financial Crimes Enforcement Network, which is overseeing the law’s implementation, issued an alert Friday ...
FinCEN Asks Supreme Court to Reinstate Law Requiring Ownership Information
The U.S. Supreme Court is expected to rule soon on the national injunction issued by a lower court that paused the ...
JD Supra27d
Whiplash: FinCEN Reverses Course, Delays CTA Enforcement Once Again
On February 27, 2025, the US Financial Crimes Enforcement Network (FinCEN ... and follows a series of court actions and administrative deferrals that have resulted in an on-again, off-again ...
JD Supra10d
Client Alert: FinCEN Narrows CTA Scope - Key Updates
On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury, ...
Washington Times1mon
Nonprofit concerns with the Corporate Transparency Act
Companies must comply with the law’s reporting requirements by March 21, the Financial Crimes Enforcement Network ... As recently as 2021, the Supreme Court struck down a demand by the state ...
Jurist1mon
US Treasury Department suspends enforcement of anti-money laundering law
The Act aimed to prevent money laundering by requiring corporate entities to report their beneficial ownership and register their business with the Financial Crimes Reporting Network ... The US ...
AOL10d
US Treasury's financial crimes unit won't require ownership reporting from US firms
The new Financial Crimes Enforcement Network, or FinCEN, rule goes into effect on Wednesday, even as the unit receives public comment on the move, according to a notice in the Federal Register.