Corporate Transparency Act: Effective Date Nears But Questions Remain (Free CLE for Section Members)

Originally aired on May 24, 2023, as a live Zoom webinar by Ian M. Comisky, Philadelphia, and Bryan C. Skarlatos, New York.  Course number 7160 is approved until approximately September 24, 2024, for 1 CLE and 1 certification credit each in Business Litigation and Tax Law. The recording will be available soon on YouTube.

The CTA was enacted as part of the AML Act of 2020; it is effective January 1, 2024. FinCEN has issued final regulations with respect to reporting for purposes of a registry created under the CTA and proposed regulations with respect to the release of information from the registry. This program will review the history of the CTA, the enacted and proposed regulations, and the significant number of open issues.