The CTA is intended to facilitate critical national security, intelligence, and law enforcement efforts with the goal of countering money laundering, the financing of terrorism, and other illicit activity by using the following measures:

  • Increasing transparency regarding shell companies and smaller entities
  • Creating a non-public central registry of beneficial ownership information on reporting entities
  • Imposing criminal and civil penalties in connection to reporting failures and unauthorized disclosure of the information.

While the CTA unfolds, there are significant concerns over how the FinCEN database will be maintained, bringing into question whether this will truly deliver the transparency needed.

Join Guidehouse and Pillsbury as we discuss the details of the CTA, what the potential implications are for your organization, talk through real world examples, and steps you can take to make sure you’re compliant.

Please click here to register.

Non-Firm Speakers

Alma Angotti, Partner, Financial Services, Global Legislative & Risk Leader, Guidehouse 

Ellen Zimiles, Partner, Financial Services Segment Leader, Guidehouse