Tag Archives: FinancialCrimesEnforcementNetwork

  1. The Federal Corporate Transparency Act Asks, “Who are the People Behind the Business?”

    Updated – April 29, 2024 Originally adopted as part of the 2021 National Defense Authorization Act, the new federal Corporate Transparency Act (CTA) will go into effect on January 1, 2024.  An attempt to protect against terrorism and prevent illegal activities such as tax fraud or money laundering, the purpose of the CTA is to…