Civil Law

New Update: FINCEN Extends CTA Filing Deadlines to January 13, 2025

On the evening of December 23, 2024, FINCEN posted the following notice on its website extending CTA filing deadlines from December 31, 2024, to January 13, 2025 and extending other filing deadlines as set forth below:

“In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that reporting companies may need additional … Read the rest

Civil Law

Legislative Update: Legislature Hikes the Ball For Signing Kickoff

Seyfarth Synopsis: The Legislature concluded its 2023-24 session in the wee hours of its August 31, 2024, deadline to pass bills. Now it’s up to Governor Newsom to call the plays as to what employment bills he will sign into law. The bills for his consideration read intersectionality into FEHA protected categories, recast victims’ time off provisions, adjust paid family leave, and impact protections for freelance workers and whistleblowers.

At the conclusion of its August 31, 2024, deadline, the Legislature … Read the rest

Civil Law

UK Finance – Fraud Update

UK Finance has recently published its half yearly fraud update for the first half of 2023, its findings are based on data reported to it by its members, which include financial providers, credit, debit and charge card issuers and card payment acquirers.

The results are interesting, although perhaps not surprising to anyone who has been bombarded by scam emails and phone calls informing you, in increasingly inventive ways, that your Netflix account has been suspended, that you are being investigated … Read the rest

Civil Law

Russia, Ukraine: Update as of the Evening of February 24

This UPDATED post summarizes the situation as of late evening on Thursday, February 24, concerning current U.S. sanctions and export restrictions related to Russia and Ukraine. This supplements our post of late evening on Wednesday, February 23, which is available here.

As of late evening on Thursday, February 24, OFAC has taken the following additional actions, as follows:

Multiple additional banks were designated as SDNs.  Most prominently, OFAC designated VTB Bank Public Joint Stock Company (VTB Bank), which is … Read the rest