Due to the February 17, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of

A federal judge in Texas on Tuesday lifted an order that blocked the enforcement of an anti-money laundering law that forces millions of business entities to disclose the identities of their real beneficial owners to the Treasury Department.

On February 18, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a notice extending the deadline for reporting companies to file

On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as money laundering, terrorist financing, and tax evasion, the CTA requires

U.S. District Judge Jeremy Kernodle decided to stay an injunction that had prevented the Treasury Department's financial crimes unit from enforcing the new requirement, “in light of the Supreme Court’s order in McHenry v.

A U.S. District Court Judge in Texas has reinstated enforcement of the Corporate Transparency Act after previously pausing it in January. The law, is designed to expose shell companies involved in money laundering, and requires small businesses and farms structured as corporations or LLCs to report their beneficial owners.

Texas Judge Clears Way for Anti-Money ... their beneficial owners to the Treasury Department's Financial Crimes Enforcement Network, known as FinCEN, which collects and analyzes information ...