-Additionally, the organizational chart must identify (1) voting percentage: the percentage of voting securities for each person identified in the organizational chart and (2) other control: if ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. The Department of the Treasury’s Financial Crimes Enforcement Network recently ...

The IRS routinely monitors abusive tax transactions. If a particular transaction becomes more prevalent, the agency identifies it as a “listed transaction,” requiring self-reporting by taxpayers (IRS ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Municipal Securities Rulemaking Board said its board has approved the filing of amendments to its Rule G-14 on reports of sales or purchases to make "substantive changes" to time-shortening ...

Infinox Capital has been fined £99,000 by the watchdog for failing to submit 46,000 transaction reports between 1 October 2022 and 31 March 2023. The UK Financial Conduct Authority (FCA) has served ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Infinox Capital has been fined £99,200 by the watchdog for ...