The DOJ and FinCEN reached resolutions with Paxful, a US-based virtual currency trading platform, over Bank Secrecy Act and AML ...

June marked the six-month milestone for the implementation of the Corporate Transparency Act (CTA)—the landmark anti-money laundering law requiring beneficial ownership reporting for U.S. companies ...

Notably, the Proposed Rule would not require Covered Advisers to implement a customer identification program (“CIP”), under which banks and broker-dealers are required to collect and document certain ...

As Yogi Berra said “It's déjà vu all over again!” Now FinCEN has again deferred filing requirements under the Corporate Transparency Act. Here’s what FinCEN just announced: “In light of a recent ...

ROCK HILL, SC / ACCESSWIRE / December 26, 2024 / Recent regulatory changes have brought significant updates to the reporting obligations for companies filing beneficial ownership information with ...

A recent case has held that the Corporate Transparency Act (CTA) is unconstitutional. This may hit the pause button on burdensome CTA filings, but this is not likely the last word on the CTA. The ...

Tornado Cash developer Roman Storm's defense cited the same set of FinCEN documents used by the Samourai Wallet developers' legal team. Attorneys for Tornado Cash developer Roman Storm filed a motion ...