JD Supra9m
FinCEN Suspends CTA Enforcement
On February 18, 2025, the United States District Court for the Eastern District of Texas reinstated reporting obligations ...
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 ...
JD Supra44m
FinCEN’s March 21 CTA Deadline to Report Beneficial Ownership Info Will Not Be Enforced … Yet
The Financial Crimes Enforcement Network (FinCEN) published new guidance on Feb. 27, 2025, putting its plan to begin enforcing the ...
Accounting Today3h
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 ...
$6 million international fraud scheme spotlights fraud targeting older Texans
A man was sentenced to more than eight years in prison for his role in what federal prosecutors are calling an international fraud scheme.
Texas senators threaten no new university funding until schools fully comply with DEI ban
The senators' letter to Texas boards of regents comes after requests to restore $400 million in universities funds that are ...
Agri-Pulse16h
Treasury suspends enforcement of business ownership disclosure
The Treasury Department announced Sunday that it is suspending enforcement of new business ownership disclosure requirements for U.S. citizens and domestic businesses and will be moving to narrow the ...