The Corporate Transparency Act (CTA) was enacted in late 2020 over a presidential veto. The law is aimed at enhancing national security and law enforcement efforts by creating a database.
United States - Money Laundering - FinCEN And SEC Propose CIP Requirements For Investment Advisers mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
FinCEN Seeks Information in Efforts to Modernize CIP Rule | McGlinchey Stafford jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Two recent developments may affect private funds, including syndicated real estate offerings. First, at the end of last summer the SEC adopted the Private Fund Adviser rules.