Compliance Stuff

  In 2025, many companies will prioritize investments in technology and building supply chain resilience.  The incoming Trump administration is poised to bring significant changes to the U.S. business landscape, reshaping the economic and regulatory environment at both federal and state levels. Additionally, the  Corporate Transparency Act,  now entering its second year, continues to influence compliance requirements and business operations across industries.  As companies look ahead, these considerations will be at the forefront of their 2025 strategy. With that in mind, let’s look at key business and legislative trends for large companies in the coming year, how these trends will affect business strategy, and tips for preparing for the year ahead.  This article covers: Business trends to watch in 2025 Agentic AI AI governance Tax policy changes Cybersecurity threats Trade policy changes Navigating climate impacts Legislative trends to watch in 2025 AI reg...

 Overview June marked the six-month milestone for the implementation of the Corporate Transparency Act (CTA)—the landmark anti-money laundering law requiring beneficial ownership reporting for U.S. companies that became effective on January 1, 2024. During this period, millions of newly formed companies have already filed their beneficial ownership information reports (BOIRs) with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). But tens of millions more companies that were created or registered to do business before January 1, 2024, will be required to file their initial reports by January 1, 2025 . With five months left to evaluate the complex legal issues surrounding application of and reporting under the CTA, as well as gather relevant beneficial ownership information, these existing entities s hould be taking steps now to prepare to file their reports by the deadline. Since the enactment of the CTA and the launch of the Beneficial Ownership Sec...