Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN — for now

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.

The act aims to stop fraud and money laundering by requiring most U.S. businesses to disclose which owners control more than 25 percent of the stock or equity.

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.

On January 23, 2025, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., the Supreme Court of the United States (SCOTUS) granted the government the ability to lift the injunction which halted enforcement of the Corporate Transparency Agency (CTA) on December 26,

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

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.