The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the Corporate Transparency Act (CTA) would require millions of business entities to disclose personal information about their owners by next month.

Businesses will not have to reveal their owners after an appeals court reversed a move that would have forced them to disclose the information by Jan. 1.

Dubai authorities have successfully dismantled two major international crime networks involved in money laundering operations worth a combined total of

A U.S. appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners to the U.S. Treasury Department ahead of a deadline for most companies to do so.

Banks such as TD, Wells Fargo and Bank of America drew attention this year for money-laundering issues. That's one of several top regulatory news items in 2024.

Millions of companies may have to report information about their owners to the Treasury Department by Jan. 1 under an appeals court ruling.

A federal appeals court on Monday lifted an order blocking the nationwide enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners,