Provisions relating to the disclosure of significant beneficial owners (“SBOs”) have been introduced into the Companies Act 2013 (“the Act”) to prevent the misuse of legal structures for tax evasion ...

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its promised interim final rule to eliminate the ...

FinCEN is accepting comments on the rule and will assess the exemptions, as appropriate, in light of those comments. FinCEN ...

On March 21, 2025, the Financial Crimes Enforcement Network of the U.S. Treasury Department (“FinCEN”) narrowed the scope of the beneficial ...

Learn how the Corporate Transparency Act (CTA) affects small businesses, new reporting rules, and what owners must do to stay ...

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...

Non-compliance will result in fines of Sh5 million to Sh10 million and operational restrictions, including the inability to ...

Opinion: Stinson attorneys Marc Weintraub and Zachary Taylor say businesses should brace for ongoing legal, regulatory, and ...

Converting to an employee stock ownership plan offers firms tax benefits and an alternative to private equity.

The topic of overseas territories implementing public registers of beneficial ownership continues to be discussed in the ...

THE Securities and Exchange Commission (SEC) has signed a data-sharing agreement on beneficial ownership data with the ...