Topic: Beneficial Ownership Reporting Under the New Corporate Transparency Act: Requirements and Update

Please join us in person at Taft Law for lunch or online via Zoom.  

This webinar covers an overview of the Corporate Transparency Act, and the status of and details on FinCEN’s rulemaking process – including FinCEN’s Final Rulemaking for Beneficial Ownership Information Reporting (first set of rulemaking), Notice of Proposed Rulemaking for Access to the Beneficial Ownership Database (second set of rulemaking), what’s required to comply with the CTA, who is exempt from reporting, what the penalties are for non-compliance, what to do now to prepare for the January 1, 2024, effective date, and what is still pending.

During this hour we will cover:

Timeline for Compliance

Background of the CTA and definition of key terms – including what’s new, what we now know, and what remains unknown

Special Considerations – business entity transactions that could trigger new reporting requirements or updates to existing reports

Timeline Revisited and Preparation for Implementation

What’s Next – state-level legislation and laws requiring beneficial ownership reporting

Conclusion and Q&A

Please RSVP by Friday, August 11 to confirm in person attendance for lunch.

Speaker: Pia Angelikis, Esq.

Pia Angelikis, Esq., is the Vice President of Government Relations and Legal Research at Cogency Global Inc.  She has over 25 years of experience with premier service companies in the UCC and corporate services industry, managing large teams of expert lawyers and paralegals conducting legal research for public filing requirements for multistate mergers, conversions and acquisitions, tracking and analyzing UCC Article 9 and business entity legislation in all 50 states and the District of Columbia, and providing thought leadership.  

Ms. Angelikis has in-depth knowledge of UCC Article 9 filing requirements and best practices for due diligence searching, as well as of service of process, and business entity laws related to public record filings for formations, foreign qualifications, mergers, conversions, reinstatements, withdrawals, change of agent, and corporate compliance.  She has domain expertise in maintaining annual report calendaring systems. 

As a government relations liaison, Ms. Angelikis served as chair of the eFiling Committee of the Science & Technology section of the American Bar Association from 2005 – 2013.  In the course of this work, she managed the drafting of Best Practices for Electronic Service of Process.  Her current role as Director of Government Relations includes working closely with state administrators when they implement new and revised business entity laws and electronic filing systems.

Ms. Angelikis is a frequent speaker and panelist on the Corporate Transparency Act (the "CTA").  She worked closely with the board of the National Public Record Research Association to draft commentary on the Financial Crimes Enforcement Network's proposed rulemaking for the CTA, and has presented on the CTA for ABA audiences around the country.  

Prior to her career in the UCC and corporate services industry, Ms. Angelikis litigated for 5 years in the areas of insurance defense and employment law. She wrote the winning brief resulting in the 9^th Circuit published opinion, In re Complaint of Ross Island Sand & Gravel, 226 F.3d 1015 (9^th Cir. 2000).

Remote attendance available.

• Member Cost: Free
• Non-Member Cost: $15

Please register for in-person no later than August 11.

Please register for remote attendance no later than August 14.

Sponsored by: Corporate Sectional

If you have any questions or concerns, please contact Patty Meagher at pmeagher@mmm.com.