Corporate Transparency Act – What You Need to Know

The first of three rulemakings implementing the Corporate Transparency Act (CTA) was finalized on September 29, providing the U.S. government and its agencies a weapon to protect the financial system from illicit use and foreign policy interests. This FinCEN rule will require many domestic and foreign entities to submit beneficial ownership information to FinCEN, with some estimating it may impact as many as 32 million entities.

With potential civil and criminal penalties looming, you won’t want to miss our upcoming webcast where we dive into:

• What new types of institutions fall under CTA scope under the final Reporting Rule
• Final reporting requirements and timing
• Challenges and best practices for those affected by the new rule

Join Guidehouse and Pillsbury as we discuss the details of the CTA and the new Reporting Rule including potential implications for your organization.