FinCEN Delivers Some Good News About Its Enforcement of the Corporate Transparency Act
FinCEN announced that it will not issue any penalties or pursue enforcement action against reporting companies for
Treasury Department won’t enforce beneficial ownership rule under the Corporate Transparency Act
The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their true owners.
Trump Administration Curbs Enforcement of the Corporate Transparency Act
Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership information under the law.
FinCEN Suspends Enforcement of the Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
On March 2, 2025, the U.S. Treasury Department announced that it will no longer be enforcing any penalties or fines against U.S. citizens,
Treasury suspends Corporate Transparency Act enforcement
The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing regulatory deadlines.
Enforcement of BOI and Corporate Transparency Act suspended by Treasury Department, Trump reacts, ‘This Biden rule…’
The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI reporting requirements.
Lummis applauds suspension of Corporate Transparency Act enforcement
Wyo., released the following statement touting the Trump administration’s announcement that they are suspending enforcement of the Corporate Transparency Act against U.S. citizens
Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
The Treasury Department announced plans to significantly narrow beneficial ownership information (BOI) reporting obligations under the Corporate Transparency Act (CTA). In a press release issued on March 2,
US Treasury Department suspends enforcement of anti-money laundering law
The US Department of the Treasury announced Sunday the suspension of the Corporate Transparency Act in hopes of narrowing the Act to foreign reporting companies. The Department of the Treasury is
Lehigh Valley Business1d
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
Daily Herald11d
FinCEN strikes again: Recent Corporate Transparency Act updates
On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...
Crain's Detroit1d
Federal judge in Michigan strikes down Corporate Transparency Act as unconstitutional
A federal judge in Grand Rapids has declared a law requiring businesses to report their ownership to the government as ...
The National Law Review11d
FinCen Announces New Deadline for BOI Reporting Under Corporate Transparency Act
The Financial Crimes Enforcement Network of the U.S. Treasury Department (FinCEN) announced a new deadline for most companies ...
Daily Herald6d
New deadline set for transparency act compliance
On Feb. 18, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reversing the nationwide injunction that prevented the government from enforcing the Federal ...
JD Supra1h
Updates to the Corporate Transparency Act Are Coming in at a Rapid Fire – Treasury Issued a Huge Change in the Trajectory of the New Law
If you feel punch-drunk from the rapid-fire updates to the Corporate Transparency Act (“CTA”), you are not alone. It is hard ...
Treasury Declares New Ownership Reporting Law Will Only Apply To Foreign Companies
According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...