03 Jun 2022 FinCEN Begins Regulatory Process to Issue No-Action Letters By Jonathan Wilson FinCEN, the Financial Crimes Enforcement Network of the U.S. Treasury, today issued an Advance Notice of Proposed Rulemaking (ANPRM) to...
24 May 2022 Interview with FinCEN Report Company By Jonathan Wilson It was a pleasure to speak last week with John Ray of Business Radio-X about FinCEN Report Company. I co-founded FinCEN Report Company,...
23 May 2022 U.S. Leads the World in Money Laundering By Jonathan Wilson The U.S. leads the world in money laundering, according to a new report by the Tax Justice Network. This year marks the first time that...
18 May 2022 Senators Urge Full Funding for FinCEN By Jonathan Wilson With FinCEN nearly one year late in its implementation of the Corporate Transparency Act, a bipartisan group of Senators is urging...
15 May 2022 Senators Rubio and Warren Urge Implementation of Corporate Transparency Act By Jonathan Wilson U.S. Senators Marco Rubio (R-FL) and Elizabeth Warren (D-MA) sent a letter to last week to U.S. Treasury Secretary Janet Yellen and...
02 May 2022 Who is Your Company Applicant? By Jonathan Wilson The Corporate Transparency Act (CTA) will require each reporting company to include the PII of each of its beneficial owners and company...
29 Apr 2022 FinCEN Director Congressional Testimony By Jonathan Wilson FinCEN Director Him Das testified yesterday before the House Committee on Financial Services. In his prepared remarks he outlined...
24 Apr 2022 CTA Exemptions - Securities Brokers and Dealers By Jonathan Wilson There are 23 separate exemptions that relieve exempt companies from the duty to file under the CTA Previous posts have covered public...
16 Apr 2022 FinCEN Urged to Implement CTA By Jonathan Wilson The FACT Coalition sent a letter last week to the U.S. Financial Crimes Enforcement Network (FinCEN), urging FinCEN to implement quickly...
14 Apr 2022 How Can Law Firms Manage Client CTA Data? By Jonathan Wilson Many law firm leaders must be wondering how they will manage CTA data on behalf of their clients and their clients' investors.Law firms...
10 Apr 2022 CTA Exemptions - Money Transmitting Business By Jonathan Wilson There are 23 separate exemptions that relieve exempt companies from the duty to file under the CTA Previous posts have covered public...
28 Mar 2022 CTA Exemptions - Bank Holding Companies By Jonathan Wilson 23 separate CTA exemptions that relieve exempt companies from the duty to file under the CTA is for depository institution holding...