The Corporate Transparency Act: A New Effort to Fight Money Laundering with Lori Smith

February 29th, 2024|Categories: ELP, HB Emerging Law Notes|Tags: , , , , , , , , , , , , |

In this episode, we discuss the Corporate Transparency Act (CTA) with Lori Smith of Stradley Ronon, including the key facets of the Act's requirements, potential penalties, and chances for litigation. As Lori notes, "the U.S. is one of the few countries in the world where you can form entities, and nobody can tell who owns them". The CTA aims to prevent this from being the case. Listen and learn more!