In Part 1, I wrote how FinCEN's proposed regulations to implement the Corporate Transparency Act contained some ambiguous concepts that...

In its proposed regulations, FinCEN has proposed a definition of "substantial control" that will increase corporate governance and filing...

Rule 1.1 of the Model Code of Professional Responsibility requires a lawyer to "provide competent representation to a client. Competent...

Are you ready to be a Company Applicant?  Do you know what a Company Applicant is?

If this term is unfamiliar to you, you are not alone....

Congress Members are disappointed with the slow pace of implementing the Corporate Transparency Act according to reporting in the...

FinCEN has issued a report on ransomware trends in Bank Secrecy Act data.

The report was coordinated with a separate press release from...

Over the weekend, a group of investigative journalists dumped thousands of pages of confidential documents, implicating dozens of world...

World leaders and high net worth individuals are responding to a massive document dump over the weekend being called the “Pandora Papers.”

FinCEN recently flexed its enforcement muscles by bringing criminal charges against a New Orleans man for failing to register his money...

A Treasury Department official confirmed this week the government's commitment to issue CTA rules to implementation by year-end.  

The...

Please join me on June 21 for a live webinar, The Corporate Transparency Act: What to Expect and How to Prepare.

I have teamed up with the...

The American Banking Association made three big points in their comment letter to FinCEN on its pending ANPRM to implement the Corporate...

The Corporate Transparency Act, adopted by Congress in late 2020, is going to dramatically change the way we do business. After it is...

FinCEN - the Financial Crimes Enforcement Network - recently announced its Advance Notice of Public Rulemaking (the "ANPRM") to implement...

FinCEN - the Financial Crimes Enforcement Network - announced on April 1, 2021 its Advanced Notice of Public Rulemaking on the...

The Corporate Transparency Act requires nearly all private companies to file a beneficial ownership report with FinCEN that discloses the...