JD Supra3d
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) ...
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 ...
JD Supra23h
Corporate Transparency Act Reporting Requirements Still on Hold
The Corporate Transparency Act (CTA), enacted in 2021, mandates that companies disclose their true ownership to the Financial Crimes ...
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 ...
WealthManagement.com4d
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 ...
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 ...
Supreme Court allows small business registration rule to take effect, aimed at money laundering
The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of the ...
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 ...
The National Law Review6d
No Enforcement of Corporate Transparency Act Despite SCOTUS Ruling
On January 23, 2025, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., the Supreme Court of the United ...