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
Source Url: https://www.jdsupra.com/legalnews/corporate-transparency-act-and-new-1693790/
Related
In prior posts, I’ve described how Valentine’s Day and Halloween have been fowl holidays for emplo...
Read More >
On June 18, 2019, Governor Ned Lamont signed into law Connecticut’s new sexual harassment preventio...
Read More >
The advantages of working with independent contractors, also known as 1099 workers, cannot be unders...
Read More >
The US Securities and Exchange Commission on May 20, 2020 adopted a series of amendments to its rule...
Read More >
The California Division of Occupational Safety and Health (Cal/OSHA) has released Interim Guidance f...
Read More >
On June 27, 2019, California Governor Newsom approved Senate Bill 83. This budget bill contained a p...
Read More >