Panelists: Christopher Alan Cunningham, Elliott, Thomason & Gibson, LLP, Dallas, Texas 

Starting this year, all new and existing entities (subject to limited exceptions) must report their beneficial ownership and control to Treasury’s Financial Crimes Enforcement Network (FinCEN).  With invasive disclosure requirements, ongoing update obligations, unclear ownership tracing rules, new regulations, open questions, pending constitutional challenges, and extreme penalties for failure, this is a quickly moving hot topic anyone that works with, owns, or (especially) forms legal entities will need to learn to grapple with quickly.  This is particularly important for anyone involved in reverse or improvement exchanges, which depend on beneficial ownership by the accommodator and the accommodator’s owners.  Our presenter will explain the requirements, when they apply, how to deal with them, and options for addressing the specific concerns raised by entities involved in like-kind exchanges.   

Register today!