The CTA Is Coming! What All Business Attorneys Need to Know

The Corporate Transparency Act (CTA) creates new reporting obligations for most companies. The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued final regulations September 30, 2022, defining the reporting obligations under the CTA. The object of the CTA is to create a database of owners of business entities in the U.S. This database will be accessible to law enforcement agencies to assist in tracking down money launderers and other criminals. The ease of forming business entities in the U.S. is not quite coming to an end. 

Speakers

Robert W. Downes, Esq., Sullivan & Cromwell

AnnaLou Tirol, Esq., O'Melveny, Former Deputy Director of the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN)

Moderator: Thomas M. Pitegoff, Esq., Offit Kurman

Joseph A. Riley, Esq., Dechert LLP