The Corporate Transparency Act and Increased Due Diligence Obligations for Attorneys: What You Need to Know
This course addresses the challenges arising from the CTA, exploring due diligence requirements affecting accountants and lawyers. It covers CTA reporting basics, eligibility criteria for accessing information, and relevant registration procedures. The program also delves into hypothetical scenarios, examining the impact of the CTA on ethical obligations defined by the ABA Model Rules of Professional Conduct and addressing anti-money laundering compliance issues.
Learning Objectives:
Recognize key obligations under the Corporate Transparency Act (CTA)
Assess and anticipate how the CTA impacts attorneys' ethical obligations, aligning with the ABA Model Rules of Professional Conduct
Analyze eligible parties for obtaining CTA information, including law enforcement, financial institutions, and foreign agencies
Evaluate the real-world impact of the CTA on legal and accounting practices
Examine the broader context of anti-money laundering compliance within the CTA framework
Panelists:
- Ian M. Cormisky, Fox Rothschild
- Bryan Skarlatos, Kostelanetz & Fink
CLE credits are available. Please note there is a cost to attend.
