The executive branch is rolling back the Corporate Transparency Act and shifting the responsibility of fraud detection. How ...

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced an interim final rule, which was officially published in the ...

The Trump administration’s rollback of the Corporate Transparency Act weakens the fight against illicit fund flow into real ...

The Trump administration just hobbled a federal crackdown on corporate secrecy, making it easier to launder money through ...

One recent example is the Corporate Transparency Act of 2021. This regulatory wreck was buried inside a massive bill and enacted without much thought or basis. It was pitched to combat money ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

For example, foreign companies are exempt from reporting beneficial ownership information for any U.S. persons who are beneficial owners. Likewise, U.S. persons are exempt from providing their ...

under the Corporate Transparency Act, according to a press release. “It is important to rein in burdensome regulations to the benefit of hard-working American taxpayers and small businesses ...

In the latest development of the ongoing Corporate Transparency Act (CTA) saga ... Secretary to exempt U.S. persons was based on the Bank Secrecy Exemption contained in 31 U.S.C. § 5318(a ...

Still, the disclosure triggered concerns among corporate and institutional ... In India, Sections 17 and 18 of the RBI Act grant the central bank broad authority to lend to distressed banks.