Broadcast Date: Thursday, June 06, 2024
from 12:00 pm to 1:00 pm (ET)
Overview:
In response to growing concerns about money laundering, fraud, and financial crime, the United States enacted the Corporate Transparency Act (CTA) to increase corporate transparency, prevent illegal activity, and protect national security. This landmark legislation represents a significant shift in the way businesses operate, obliging many entities to report beneficial ownership information to the government.
Join our panel of key thought leaders and practitioners as they delve deep into the Corporate Transparency Act (CTA) and provide invaluable insights into the Financial Crimes Enforcement Network’s (FinCEN) Final Rules and critical reporting guidelines to enable participants navigate the regulatory landscape effectively and ensure compliance within their organizations.
Key Topics:
- Unpacking the CTA Essentials
- Overview of the Corporate Transparency Act
- Who is impacted by the CTA?
- Why is beneficial ownership disclosure crucial?
- FinCEN’s Final Rules Explained
- Detailed examination of FinCEN’s Final Rules
- Reporting thresholds and requirements
- Compliance deadlines and penalties for non-compliance
- Reporting Guidelines and Best Practice
- Understanding the reporting process
- Identifying beneficial owners and significant control persons
- Navigating potential challenges and ambiguities
- Implications for Different Industries
- How the CTA affects financial institutions
- Real-world case studies and compliance strategies
- Legal perspectives on CTA compliance
Credit:
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
Live Webcast
Prerequisite:
General knowledge of Corporate Law
Course Code:
1410929
Total Credit:
CLE Credit:
CA CLE 1.50 General - Approved Until: 6/30/2025
PA CLE 1.50 General - Approved Until: 4/22/2026
VT CLE 1.50 General - Approved Until: 12/31/2025
NJ CLE 1.50 General - Credits through Reciprocity
NY CLE 1.50 Areas of Professional Practice - Credits through Reciprocity
AR CLE 1.50 General - Credits through Reciprocity
CT CLE 1.50 General - Credits through Reciprocity
NH CLE 1.50 General – Meets the requirements of NH Supreme Court Rule 53
MO CLE 1.50 General - Approved Until: 4/22/2024
Pending CLE Application:
MS, WI, GA, TN
Self-Apply:
AL, CO, DE, FL, ID, IL, IN, IO, KS, KY, LA, NC, ME, MN, MT, NE, NV, NM, ND, OH, OK, OR, SC, SD, TX, UT, VA, WA, WV, WY
If you’d like us to apply for CLE, you may opt to pay the CLE processing fee here.
No MCLE Requirements:
DC, MD, MA, MI
Not Eligible for CLE:
AK, AZ, HA
How to Claim CLE Credits Per State:
https://knowledgewebcasts.com/how-to-claim-cle-credits-per-state/
CLE State Requirements:
https://knowledgewebcasts.com/cle-state-requirements/
CPE State Requirements:
Speaker Panel:
Gregory Polovin, Partner
Sutton, Pakfar & Courtney, LLP
Gregory Polovin is a partner at the Firm. He specializes in real estate matters, representing clients in a diverse range of debt and equity transactions. Mr. Polovin has counseled institutional and investment banks, life insurance companies, developers, real estate funds, investors, lenders and operators with respect to a variety of real estate transactions, including senior mortgage, mezzanine, construction, and ground leasehold financing; loan modifications, workouts, restructuring, and foreclosures; acquisitions and dispositions; joint ventures; and commercial leasing. Mr. Polovin’s transactions have involved all types of real estate assets both individually and on a portfolio basis, including large office buildings, retail centers, multifamily properties, hotels and industrial centers. Mr. Polovin is listed in the Best Lawyers in America: Ones to Watch (2022-2024).
Herbert "Hal" H. West, Jr., Partner
Phelps Dunbar LLP
Hal West is a Partner in the Birmingham, Alabama office of Phelps Dunbar LLP where he focuses his practice on general corporate matters, including mergers and acquisitions, commercial lending, corporate governance, and related strategic business matters. Having grown up working in a medium size family business, he approaches his work from a practical point of view, keeping clients grounded on the real issues of the matter. Hal is a frequent author and presenter on a variety of pressing issues, including the Corporate Transparency Act. He is regularly recognized by a number of peer review publications, including Chambers USA: America’s Leading Lawyers for Business and The Best Lawyers in America. Hal earned a B.S. from the University of Alabama and a J.D. from Vanderbilt University Law School.
Agenda:
Gregory Polovin, Partner
Sutton, Pakfar & Courtney, LLP
Herbert "Hal" H. West, Jr., Partner
Phelps Dunbar LLP
Date & Time:
Thursday, June 06, 2024
12:00 pm to 1:00 pm (ET)
A recording will be available to view 24-48 hours after the live date.Materials:
Coming Soon.
Please check back again later.
Who Should Attend:
- Banking & Finance Lawyers
- Corporate Lawyers
- Regulatory Law Attorneys
- General/In-House Counsel
- Consultants
- C-Level Executives
- Board of Directors
- Accounting and Auditing Professionals
- Financial Reporting Professionals
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