Tag Archives: Bank Secrecy Act

Client Alert: Congressional Ban on Anonymous Shell Companies in the U.S. Has Huge Implications for Businesses and Financial Institutions

While businesses across the country have been eagerly planning, preparing, and waiting for Congress to pass the latest coronavirus relief package, less attention was paid to the Corporate Transparency Act (CTA), which sailed through the House and Senate in early December.  The CTA was part of the National Defense Authorization Act which the President recently vetoed; however, the House voted ... Read More