In the News


Corporate Transparency Act: Identification of Individuals Who Exercise Substantial Control Over Reporting Companies

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Rashad Wareh
    Rashad Wareh
  • picture of Elizabeth Martin
    Elizabeth Martin

Following the enactment of the Corporate Transparency Act 2021 (CTA), the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) explained that the CTA and FinCEN regulations “would help protect the U.S. financial system from illicit use by making it more difficult for bad actors to conceal their financial activities through entities with opaque ownership structures”.  Download