FinCEN Confirms Suspension of Corporate Transparency Act

Join us for a new episode of Financial Services Focus with partners Gina Parlovecchio and Matthew Bisanz, and associate Kelly Truesdale, as they discuss FinCEN’s recent confirmation that reporting companies are not required to file beneficial ownership reports for as long as the current nationwide injunction of the CTA remains in effect. In this episode, we cover how we got here, the court's reasoning for this decision, the next steps the government is likely to take, and what companies can do to prepare now.

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