Corporate Transparency Act: Lessons from Round One of ImplementationSKU: COR2300
Available In:
Total Credits
1 - 1.2
Price$50
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DescriptionSince January 1, 2024, many legal entities operating in the United States—including domestic and foreign entities—have been considering whether to file beneficial ownership information ("BOI") reports with the Financial Crimes Enforcement Network ("FinCEN"), pursuant to the Corporate Transparency Act ("CTA"). While only new entities will be subject to reporting requirements at first, thousands of those are formed every day who will need to understand—and apply—these new regulations with limited guidance. Also, existing legal entities will need to resolve their CTA status by the end of this year. Furthermore, on the horizon are state laws like the New York LLC Transparency Act, which may further increase corporate secretarial compliance costs. Please join this interdisciplinary panel of specialists to discuss the commercial practicalities of compliance with the CTA. Lecturer BiosMatthew Bisanz, Esq.Matthew Bisanz is a partner in Mayer Brown’s Financial Services Regulatory & Enforcement practice. Matt advises financial institutions on core bank regulatory issues and adjacent subject matter domains. Matt is knowledgeable in all major aspects of the operations of an insured depository institution, its affiliates, and its partners—including chartering, acquisition, and permissibility analyses; ongoing risk management, governance, and compliance requirements; and insolvency and resolution issues. He also advises clients on Dodd-Frank Act compliance issues, including the Volcker Rule, capital and liquidity requirements, Reg YY enhanced prudential standards, and Title VII compliance. Further, his practice extends to the other regulatory and risk management needs of the firm’s financial institution clients through counseling on regulatory inventories and change management, cybersecurity and data privacy concerns, and anti-money laundering compliance. Matt currently serves as the vice-chair of the American Bar Association’s subcommittee on banking legislation and regulation. Prior to joining the Washington DC office of Mayer Brown in 2013, Matt worked at the SEC, CFTC, DOJ, and FDIC in various regulatory and investigative roles and at a Big Four accounting firm in New York. He also is a certified public accountant and teaches accounting at the University of Maryland Global Campus. Melissa G.R. Goldstein, Esq.Melissa G.R. Goldstein focuses her practice on anti-money laundering and sanctions regulatory compliance matters. She advises banks, broker-dealers, investment advisers, funds, insurance companies and money services businesses, including those involved in global e-commerce and virtual currency, on the anti-money laundering and sanctions regulations, rules and related issues governing their investment and business activities. She has particular expertise with issues arising out of the Bank Secrecy Act, as amended by the USA PATRIOT Act, the AML Act of 2020 and the Corporate Transparency Act. Prior to joining SRZ, Melissa was an attorney-advisor with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). At FinCEN, Melissa assisted in the development of anti-money laundering regulations and guidance and served as counsel on enforcement actions involving issues such as failure to implement and maintain an adequate anti-money laundering compliance program, failure to register as a money services business and failure to maintain confidentiality of suspicious activity reports. In recognition of her significant accomplishments during her Treasury career, Melissa received the Secretary’s Meritorious Service Award, which honors individuals whose achievements are substantial and significantly advance the Treasury Department’s mission. Melissa is listed in Washington, DC Super Lawyers as a “Rising Star.” Melissa received her J.D. from Fordham University School of Law and her B.S., with honors, from Cornell University. William E. Quick, Esq.William E. Quick is a top-rated attorney who practices law in Kansas City, Missouri. William Quick focuses on Business / Corporate issues. William Quick received Rising Stars designation for 2008, 2010. He was selected for this honor subsequent to undergoing an evaluation of many different factors including peer recognition and professional achievement. He became a licensed attorney in 1997. Before practicing law, he attended law school at The University of Michigan Law School and graduated in 1997. |
