Recorded Webinars
Members, please login to access content.
Understanding and Preparing for the Corporate Transparency Act
Credits: CTP/CCM: 1.2 | FPAC: 1.2
Beginning on January 1, 2024, the Corporate Transparency Act (CTA) goes into effect. Under the CTA many non-exempt companies in the United States, global and small, are required to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company, to the U.S. Treasury’s Financial Crimes and Enforcement Network (FinCen).
Even if your company is not obligated to report, the implementation of this law could affect your operations and require program and policy updates. For example, some special purpose vehicles of privately held holding companies may have to report even though an operating subsidiary is exempt. Likewise, M&A Due Diligence should ensure targeted companies have met their reporting obligations. Attend this webinar for a deep dive into the complexities of the CTA law, its implications, and assessing your responsibilities.
Learning Objectives
• Understand types of entities that need to be reported and what constitutes exemption.
• Learn about the information that need to be provided for the entities and beneficial owners.
• Understand the penalties for non-compliance and the effective dates for required reporting.
Even if your company is not obligated to report, the implementation of this law could affect your operations and require program and policy updates. For example, some special purpose vehicles of privately held holding companies may have to report even though an operating subsidiary is exempt. Likewise, M&A Due Diligence should ensure targeted companies have met their reporting obligations. Attend this webinar for a deep dive into the complexities of the CTA law, its implications, and assessing your responsibilities.
Learning Objectives
• Understand types of entities that need to be reported and what constitutes exemption.
• Learn about the information that need to be provided for the entities and beneficial owners.
• Understand the penalties for non-compliance and the effective dates for required reporting.
Credits Confirmation
This recording was originally delivered live on December 13, 2023, and is now available to you as a convenient and cost-effective way to support your learning and development while also earning CTP/CCM and FPAC credits.
Take the quiz that appears at the conclusion of the recording within your recertification cycle to earn eligible credits. Once you’ve successfully completed the quiz, you will be prompted to complete a brief Credits Request Form. Following the completion of this form, an email confirmation of credits earned and directions to post your credits in the Recertification Reporting Tool will be sent to you for your records. If you attended the live version of this webinar, you cannot earn credit for the recorded as well.
This recording was originally delivered live on December 13, 2023, and is now available to you as a convenient and cost-effective way to support your learning and development while also earning CTP/CCM and FPAC credits.
Take the quiz that appears at the conclusion of the recording within your recertification cycle to earn eligible credits. Once you’ve successfully completed the quiz, you will be prompted to complete a brief Credits Request Form. Following the completion of this form, an email confirmation of credits earned and directions to post your credits in the Recertification Reporting Tool will be sent to you for your records. If you attended the live version of this webinar, you cannot earn credit for the recorded as well.
Speakers
-
Tom Hunt, CTPDirector, Treasury ServicesAFP
-
Timothy Dunfey Esq., CFE, CAMSPresidentAlhambra Compliance