Reported by Matthew Erskine FinCEN has recently refined the Corporate Transparency Act FAQs, offering much-needed clarity and direction for businesses grappling with the intricacies of the CTA. These revisions play a crucial role in delineating the compliance obligations of both domestic and foreign reporting entities and their beneficial owners, aiming to bolster efforts against financial […]

Reported by FinCEN The Corporate Transparency Act requires many companies doing business in the United States to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them. Watch FinCEN representative for a virtual information session on beneficial ownership information reporting requirements and how to […]