JD Supra2d
UPDATE: SCOTUS Stayed a CTA Injunction Under the "Texas Top Cop Shop" Action, BUT the CTA is Still NOT Back in Effect
In the latest twist on the back-and-forth CTA battle, on January 23, 2025, the Supreme Court of the United States (SCOTUS) ...
JD Supra2d
SCOTUS Hands Down CTA Decision — FinCEN Says Reporting Requirements Remain on Pause
The Financial Crimes Enforcement Network (“FinCEN”) announced on Friday, January 24, 2025, that reporting companies are not currently required to ...
Despite Supreme Court’s Recent Stay No Reporting Is Required For The CTA
The Supreme Court has temporarily stayed a Texas judge's injunction against the Corporate Transparency Act's beneficial ...
WealthManagement.com2d
The Corporate Transparency Act Whipsaw Continues
U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...
Supreme Court allows small business registration rule to take effect, aimed at money laundering
The Supreme Court has revived a requirement that owners of millions of small businesses register with an arm of the Treasury ...
American Banker1mon
Fincen beneficial ownership reporting deadlines reinstated, extended
The Financial Crimes Enforcement Network Monday reinstated and extended the deadline ... nationwide injunction against the reporting requirements. On December 3, 2024, a Texas judge temporarily paused ...
Corporate Transparency Act still on hold after Supreme Court lifts injunction
Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
Corporate Transparency Act Still Blocked Despite Supreme Court Decision
Enforcement of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership, remains ...
US Supreme Court allows anti-money laundering law to take effect
The U.S. Supreme Court cleared the way on Thursday for the enforcement of an anti-money laundering federal law that requires ...