If the DOJ's request is granted, the government can enforce the CTA while appeals make their way through the system.

The 5th Circuit deferred the reinstated filing under the Corporate Transparency Act and FinCEN has acknowledged that filing ...

On December 26, 2024, the Fifth Circuit Court of Appeals reinstated the nationwide preliminary injunction blocking ...

In the latest twist regarding the Corporate Transparency Act (CTA), the U.S. Court of Appeals for the Fifth Circuit, on December 26, 2024, vacated ...

Starting on Jan. 1, most U.S. entities created to do business must file a Beneficial Ownership Information Report with FinCEN ...

The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?

In an email to CBS MoneyWatch, a FinCEN spokesperson said the appeals court ruling "underscores the importance and urgency of the Corporate Transparency Act for national security." "The Corporate ...

The Corporate Transparency Act is part of a larger effort by FinCEN to crack down on money laundering and other financial ...

Businesses are back on the hook for submitting beneficial ownership reports in January, but there's a new extension to give companies some leeway.

Two challenges to the law requiring more than 30 million small- and medium-sized businesses to report ownership information ...

In response, FinCEN issued guidance which, among other things, extends a modest additional grace period for pre-2024 companies to file BOI reports. In particular, pursuant to this FinCEN guidance, ...