The U.S. Treasury’s effort to dramatically narrow the focus of the Corporate Transparency Act (CTA) through “emergency” rulemaking would gut the law’s anti-money laundering (AML) efforts, a transparency expert said.

The U.S. Treasury’s effort to dramatically narrow the focus of the Corporate Transparency Act (CTA) through “emergency” rulemaking would gut the law’s anti-money laundering (AML) efforts, a transparency expert said.
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus