Hotel Lawyer: New rules for anti-money laundering compliance?

Vince Farhat  | April 14, 2021

FinCEN Seeks Comments on Ownership Disclosure Requirements in New Federal Anti-Money Laundering Law By Jim Butler, Vince Farhat See how JMBM’s Global Hospitality Group® can help you. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is currently accepting public comments on a provision in the recently enacted Corporate Transparency Act (CTA) which requires some privately-held business entities to disclose ownership information directly to a law enforcement agency. Interested parties should consider commenting before the May 5th deadline, and companies who may be impacted should take this opportunity to review...