Financial Crimes Enforcement Network (FinCEN)

On September 29, 2022, the Financial Crimes Enforcement Network (“FinCEN”) issued final regulations (the “Final Rule”) implementing the comprehensive beneficial ownership reporting requirements of the Corporate Transparency Act (“CTA”), a critical part of the Anti-Money Laundering Act of 2020 (the “AMLA”).
Continue Reading Treasury Issues Final Rule on Beneficial Ownership Reporting Requirements Under the Corporate Transparency Act