A Federal Court in the US considered the Corporate Transparency Act unconstitutional

A federal district court in Alabama has ruled unconstitutional the US Corporate Transparency Act, which requires a number of categories of companies to report their beneficial owners to a registry run by the Financial Crimes Enforcement Network - FinCEN. The decision was made as part of the National Small Business Association's lawsuit against US Treasury Secretary Janet Yellen.

Beneficial ownersCommercial register extractFinancial statements

06 March 2024

Frankfurt wins competition to host pan-European anti-money laundering agency

Frankfurt (Germany) has become the leader in the competition to locate the headquarters of the EU Anti-money laundering authority (AMLA).

Anti Money LaunderingBusinessEuropean UnionGermany

01 March 2024