Committed Capital Sidecar | Private Equity Podcast Series: The Corporate Transparency Act: Will My Business Be Affected?

February 19, 2021

"Committed Capital Sidecar” is a new, bite-sized feature within our Committed Capital podcast series which quickly covers a key development affecting the private equity industry.

In this inaugural Sidecar episode, partners from Dechert’s global private equity practice discuss the administrative and compliance burdens that businesses may face with the recent passage of the U.S. Corporate Transparency Act. Aimed at preventing money laundering and the financing of terrorism through shell companies, the Act requires business entities formed or operating within the United States to disclose the identity of their beneficial owners. The discussion also examines international initiatives in this area and the likely evolution of this legislation.