Elizabeth A. McMorrowMar 5CTA/BOI Held UnconstitutionalOn March 1, 2024, a U.S. federal district court held in a 53 page opinion the “Corporate Transparency Act is unconstitutional because it...
Elizabeth A. McMorrowJan 31FinCEN Seeks Comments on BOI Access RuleOn January 29, 2024, the U.S. Financial Crimes Enforcement Network (FinCEN) announced it is seeking comments on two aspects of the...
Elizabeth A. McMorrowJan 30FinCEN Updates CTA / BO PenaltiesFinCEN issued a final rule on January 25, 2024, to reflect annual inflation adjustments to civil monetary penalties within its...
Elizabeth A. McMorrowDec 4, 2023CTA Update: BOI 90-Day RegistrationOn November 29, 2023, the Financial Crimes Enforcement Network (FinCEN) issued a final rule extending the deadline for certain reporting...