by admin | Feb 20, 2025 | Compliance, FinCEN
Although a preliminary injunction had previously paused requirements under the Corporate Transparency Act (the “CTA”), a February 18, 2025 decision by the United States District Court for the Eastern District of Texas has reinstated the requirement for...
by admin | Dec 30, 2024 | Compliance, FinCEN
Dear Client, As of December 26, 2024, the United States Court of Appeals for the Fifth Circuit (the “Court”) has reinstated a nationwide preliminary injunction preventing the federal government from enforcing the beneficial ownership reporting requirements imposed by...
by admin | Dec 24, 2024 | Compliance, FinCEN
FinCEN Beneficial Ownership Reporting Requirements Reinstated: Key Deadlines for Reporting Companies Although a preliminary injunction had temporarily paused requirements under the Corporate Transparency Act (the “CTA”), a December 23, 2024 decision by the United...
by admin | Jan 17, 2024 | Compliance, FinCEN
The United States Corporate Transparency Act (the “CTA”) was passed by the United States Congress in early 2023 to improve financial transparency and increase the effectiveness of anti-money laundering efforts. However, the CTA will also impose several obligations on...
by admin | Oct 12, 2023 | Business Formation, Compliance, News, Press, and Events, SEC, Securities, Uncategorized
Riveles Wahab, a leading New York-based boutique law firm for investment management and private funds has been recognised in several categories in alternative investment industry data and analytics provider Preqin’s Service Providers in Alternatives 2023 Report. The...
by admin | Sep 4, 2023 | Compliance, Custody Rule, Investment Adviser Registration, Investment Advisers, SEC
On August 23, 2023, the U.S. Securities and Exchange Commission (“SEC”) implemented heavily anticipated private fund reforms (the “Private Funds Rules” or the “Rules”) promulgated under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Although the...
