Page 2 - Network Fin News Today

As part of Ropes & Gray's ongoing efforts (see here) to advise on the impact of the Corporate Transparency Act ("CTA"), this Alert focuses on considerations for health...

The Corporate Transparency Act (the "CTA") will become effective on January 1, 2024. Entities in existence prior to that date that would otherwise obligated to make filings with the United States...

The Financial Crimes Enforcement Network (“FinCEN”) has extended the deadline for reporting beneficial ownership information (“BOI”) under the Corporate Transparency Act (“CTA”) for...

In recent years, economic sanctions have become an increasingly important U.S. foreign policy tool and the digital asset industry has become a key focus of sanctions regulators and prosecutors.

On November 8, FinCEN issued a final rule (Rule) regarding the use of entity FinCEN identifiers for reporting beneficial ownership information under the CTA.

On Oct. 23, 2023, FinCEN published an NPRM that identifies international CVC mixing as "a class of transactions of primary money laundering concern," and finds that imposing additional recordkeeping...

Much has been written in recent months alerting small business owners to the impending January 1, 2024 effective date of the Corporate Transparency Act (CTA).

The U.S. government is turning up the dial on its efforts to combat evasion of export controls and sanctions against Russia.

The U.S. Department of Justice, the U.S. Department of Commerce's Bureau of Industry and Security, and the U.S. Department of the Treasury's Office of Foreign Assets Control published their second Tri-Seal Compliance Note on 26 July 2023.

On July 26, 2023, the US Department of Commerce's Bureau of Industry and Security (BIS), the US Department of the Treasury's Office of Foreign Assets Control (OFAC), and the US Department...