The Ironic Impact of FinCEN’s New CTA Regulations on New York’s LLC Transparency Act
By EsqSocial Corporation 07/05/25
The NYS LLC Transparency Act (the “New York Act”) became law in January 2024 and takes effect on January 1, 2026. When in effect, it would require limited liability companies formed or qualified to do business in New York to report their beneficial ownership to a database to be created and administered by the New York Secretary of State....
By: Pillsbury Winthrop Shaw Pittman LLP