Yong-Soo Chung quit his 9-to-5 at crypto startup to build his own online business, which now makes over $1 million a year. He ...

On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim ...

The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their ...

Due to the February 17, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S.

A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...

FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies ...

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...

Beneficial Ownership Information (“BOI”) reporting under the Corporate Transparency Act (the “CTA”) is once again mandatory.

On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...

A trio of lawyers from Venable LLP break down the history of the Corporate Transparency Act and what businesses need to know.

Canadian lender TD Bank appointed Guidepost Solutions as the compliance monitor for its anti-money laundering program after U ...

After a short reprieve from the requirement to file a beneficial ownership information report (BOIR) with the federal ...