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Growing Clarity: FinCEN Continues to Update Beneficial Ownership Reporting FAQs

JD Supra: Mergers

On April 18, 2024, the Financial Crimes Enforcement Network (FinCEN) released further guidance regarding to Corporate Transparency Act compliance (CTA) by updating and expanding the Beneficial Ownership Information Reporting Frequently Asked Questions regarding the Beneficial Ownership Information (BOI) Reporting Rule (FAQs).

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China Stocks Surge After Government Measures to Boost Economy

The New York Times: Banking

The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.

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Businesses in D.C. Blame the Government for the District’s Empty Offices

The New York Times: Banking

Workers in Washington have returned to the office slowly, with a pervasive and pronounced effect on the local economy.

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Protecting against Ransomware, how Cisco Umbrella can help meet 2022 FFIEC Regulatory Update

Cisco: M&A

In the past decade, governments and financial institutions have become increasingly targeted by criminal organizations and nation state operators who seek to extort and disrupt key societal functions… Read more on Cisco Blogs

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Markets Rally, Shaking Off Threat of Government Shutdown

The New York Times: Banking

A partial government shutdown, analysts said, wouldnt have a lasting economic impact. The S&P 500 jumped after a November inflation reading helped ease worries.

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Hong Kong Security Law Could Damage City’s Image as Financial Hub

The New York Times: Banking

Some firms have already moved staff out of the city since the Chinese government took a heavier hand in 2020.

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New Questions on How a Key Agency Shared Inflation Data

The New York Times: Banking

A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors.