JD Supra9h
FinCEN Issues Further Guidance on Pausing CTA Compliance in Response to Supreme Court Ruling
Update: On January 24, FinCEN published updated reporting guidance in which it announced that reporting companies are not ...
Corporate Transparency Act still on hold after Supreme Court lifts injunction
Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
Fearmongering The Civil And Criminal Penalties Of Beneficial Ownership Information Reporting
Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...
JD Supra8h
Deadline Approaches for RIAs to Adopt AML Programs CIP Requirements Remain in Limbo
On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) adopted a final rule that subjects investment advisers to the ...
Mastercard and Visa accused of enabling payments for child sexual abuse content, report claims
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters ...
Crypto cops: The 8 agencies policing the wild west of digital currency in the Trump era
As guidelines from the Trump administration trickle down, they will likely fall under these government agencies to implement.
USAA Bank names Michael Moran new president of the embattled institution
USAA Federal Savings Bank has appointed Michael Moran to serve as president of the embattled financial institution. Moran has ...
ICIJ2d
US company database remains on hold, despite Supreme Court decision
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...
Crowdfund Insider1d
Carta to Assist Startups with Complying with Corporate Transparency Act
Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...
The National Law Review3d
FinCEN Confirms that CTA Filings Remain Optional Despite Supreme Court Ruling
In granting the federal government’s request for a stay of the district court’s injunction, the Supreme Court sent the matter ...
Real estate agent convicted of money laundering in landmark case tied to Russian oligarchs’ luxe Miami condos
A Miami real estate broker was convicted on money laundering charges for helping two sanctioned Russian oligarchs rent and ...
JournalofAccountancy7d
FinCEN says BOI reporting remains on hold
The Financial Crimes Enforcement Network (FinCEN) said Friday that while the U.S. Supreme Court did stay one nationwide injunction, one issued by a different judge in a separate case remains in effect ...