Enforcement of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership, remains on hold despite a U.S. Supreme Court ruling in favor of the Treasury Department.

Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN — for now. The registration is part of the Corporate Transparency Act, an anti-money laundering statue passed in 2021.

Yesterday, the United States Supreme Court reinstated the Corporate Transparency Act (the “CTA”) and allowed its reporting obligations to go

The Supreme Court has temporarily stayed a Texas judge's injunction against the Corporate Transparency Act's beneficial ownership reporting requirements. Despite this FinCEN has ruled that companies remain exempt from filing for the time being.

The Supreme Court stayed an injunction on the CTA and its beneficial ownership information requirement, but it remains on hold due to a separate injunction.

I last reported on December 27, 2024, that the Corporate Transparency Act (“CTA”) hit yet another speed bump. The U.S. Court of Appeals for the

A Texas judge blocked the federal government from enforcing a duly enacted act of Congress at the behest of business interests fighting financial transparency efforts.