A whistleblower asserted that Visa and Mastercard failed to prevent the laundering of funds related to child sexual abuse ...

In light of the decision, reporting companies are required to submit beneficial ownership information to Fincen, but the Treasury Department has extended the filing deadlines. Companies created or ...

McHenry, the Financial Crimes Enforcement Network (“FinCEN”) confirmed compliance with the Corporate Transparency Act (“CTA”) remains voluntary. On January 24, 2025, FinCEN posted the ...