On December 23, 2024, a three-judge panel of the United States Court of Appeals for the Fifth Circuit stayed the nationwide preliminary injunction, reinstating the reporting requirements under the Corporate Transparency Act for millions of companies.
FinCEN has updated its alert to include an extension of the initial January 1, 2025, reporting deadline, referring to the Department of Treasury’s recognition that reporting companies may need additional time to comply with the reporting requirements.
Reporting companies formed or registered prior to January 1, 2024, now have until January 13, 2025, to file their initial Beneficial Ownership Information reports.
Reporting companies formed or registered on or after September 4, 2024, that originally had a filing deadline between December 3, 2024, and December 23, 2024, also have until January 13, 2025, to file their initial Beneficial Ownership Reports.
Reporting companies formed or registered on or after December 3, 2024, and on or before December 23, 2024, have an additional 21 days from their original filing deadline to file their initial Beneficial Ownership Reports.
The government has moved to regulate the operations of cryptocurrencies in the country as it seeks to protect their users following the establishment of a multiagency technical working group. The multi-agency
The European Commission (EC) has no right to impose restrictions on EU Member States’ citizenship-by-investment (CBI) policies, according to an Advocate General of the Court of Justice of the European
In its 2024 Risk Monitor report, the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities, and evading sanctions
Press Release from Carey Olsen, Friday 4 July, 2025. Carey Olsen’s corporate team in Jersey has represented Rosebank Industries plc (“Rosebank”) in connection with its announced acquisition