New Laws Will Require Certain Companies to Disclose Formerly Anonymous “Beneficial Owners”
A federal law taking effect on January 1st 2024, and a New York law awaiting Governor Hochul’s signature, will require certain companies to disclose their beneficial owners to regulators. These are big changes for owners that had previously preferred to remain anonymous. Whom do the laws cover? And what information will need to be disclosed? Read more.
October 18, 2023