On October 3, 2021, the ICIJ released the Pandora Papers which analyzes millions of leaked documents obtained from 14 offshore service firms, with records spanning from 1970 to 2020. The Papers have whetted the public’s appetite for the release of the CTA regulations.
With the recent release of the “Pandora Papers,” renewed attention is focused on corporate ownership transparency. Earlier this year, Congress passed the Corporate Transparency Act.