JD Supra19h
FinCEN Issues Further Guidance on Pausing CTA Compliance in Response to Supreme Court Ruling
Update: On January 24, FinCEN published updated reporting guidance in which it announced that reporting companies are not ...
JD Supra2d
Corporate Transparency Act Update: FinCEN Says Reporting Obligations Remain On Hold
Last Friday, the United States Supreme Court lifted a nationwide injunction originally issued by the U.S. District Court for ...
Mastercard and Visa accused of enabling payments for child sexual abuse content, report claims
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters ...
Fearmongering The Civil And Criminal Penalties Of Beneficial Ownership Information Reporting
Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...
Corporate Transparency Act still on hold after Supreme Court lifts injunction
Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
The National Law Review3d
FinCEN Confirms that CTA Filings Remain Optional Despite Supreme Court Ruling
In granting the federal government’s request for a stay of the district court’s injunction, the Supreme Court sent the matter ...
ICIJ2d
US company database remains on hold, despite Supreme Court decision
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...
Crypto cops: The 8 agencies policing the wild west of digital currency in the Trump era
As guidelines from the Trump administration trickle down, they will likely fall under these government agencies to implement.
Crowdfund Insider1d
Carta to Assist Startups with Complying with Corporate Transparency Act
Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...
USAA Bank names Michael Moran new president of the embattled institution
USAA Federal Savings Bank has appointed Michael Moran to serve as president of the embattled financial institution. Moran has ...
Real estate agent convicted of money laundering in landmark case tied to Russian oligarchs’ luxe Miami condos
A Miami real estate broker was convicted on money laundering charges for helping two sanctioned Russian oligarchs rent and ...
CBS News6d
Mastercard and Visa accused of enabling payments for child sexual abuse content, report claims
A whistleblower complaint filed with the U.S. Treasury Department's Financial Crimes Enforcement Unit, or FinCEN, alleges that Mastercard and Visa failed to stop their payment networks from ...