JD Supra1d
UPDATE: SCOTUS Stayed a CTA Injunction Under the "Texas Top Cop Shop" Action, BUT the CTA is Still NOT Back in Effect
In the latest twist on the back-and-forth CTA battle, on January 23, 2025, the Supreme Court of the United States (SCOTUS) ...
JD Supra1d
SCOTUS Hands Down CTA Decision — FinCEN Says Reporting Requirements Remain on Pause
The Financial Crimes Enforcement Network (“FinCEN”) announced on Friday, January 24, 2025, that reporting companies are not currently required to ...
WealthManagement.com1d
The Corporate Transparency Act Whipsaw Continues
U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...
Supreme Court allows small business registration rule to take effect, aimed at money laundering
The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of 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 ...
Corporate Transparency Act Still Blocked Despite Supreme Court Decision
Enforcement of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership, remains ...
Reuters1mon
US appeals court halts enforcement of anti-money laundering law
Most companies had faced a Jan. 13 deadline to submit their initial reports to the Treasury Department's Financial Crimes Enforcement Network (FinCEN ... in Sherman, Texas, on Dec. 3 ruled ...
Oneindia5d
Supreme Court Revives Small Business Registration Rule to Combat Money Laundering and Financial Crimes
The Supreme Court reinstates a rule requiring small business owners to register with FinCEN to combat money laundering and financial crimes.