Credit: VectorMine/Adobe Stock Businesses Still Fuzzy About Corporate Transparency Act Compliance as Deadline Looms
The new law, aimed at curtailing corruption and money laundering, will force private companies to identify who owns them—information some had been keeping under wraps.
August 13, 2024 at 07:12 PM
4 minute read
Risk and Compliance
The deadline for companies to comply with a federal law aimed at curtailing corruption and money laundering is fast approaching, but a new study from global compliance firm CSC says many in-house leaders do not feel prepared to handle its reporting requirements.
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