28Jan
Corporate Transparency Act and New Implications for US Special Purpose Vehicles, Wealth Structuring and Other Arrangements
The override of former President Trump's veto of the National Defense Authorization Act of 2021 resulted in the enactment of broad amendments to the US anti-money laundering regime. Of particular note is the inclusion of the Corporate Transparency Act, which now requires many US entities (and non-US entities registered to do business in the US) to report their beneficial owners to FinCEN, a unit of the US Treasury Department. The law has clear implications for the broader corporate...
By:
White & Case LLP
Related
Several states are expanding employee workplace discrimination and harassment protections amidst the...
Read More >
Merger agreements entered into by Delaware corporations commonly include fiduciary out provisions in...
Read More >
The employment landscape in Illinois is rapidly changing this upcoming year. To help prepare, we’ve...
Read More >
The outbreak of novel coronavirus 2019-nCoV ("Coronavirus") is an extraordinary challenge for many t...
Read More >
U.S. Citizenship and Immigration Services (USCIS) has instructed employers to continue using the cur...
Read More >
An emergency rule of Rhode Island CRLB went into effect this morning “in response to the State of E...
Read More >