
Publication
ESG and internal investigations: New compliance challenges
As ESG concerns have come to the forefront in different jurisdictions, the scope of these inquiries is expanding in kind.
United States | Publication | March 2025
On February 27, 2025, FinCEN announced that no fines, penalties or any other enforcement actions will be taken based on reporting companies’ failure to file BOI reports by the current deadlines (previously extended to March 21, 2025) until a forthcoming interim final rule becomes effective.
However, on March 2, 2025, the Treasury Department went further and indicated it is unlikely to impose reporting obligations and associated penalties or fines on US citizens, domestic reporting companies or their beneficial owners even after the forthcoming interim final rule changes take effect. Instead, when the Treasury Department issues a new interim final rule, it appears reporting obligations under the CTA will only apply to foreign reporting companies, which is a concept that remains to be defined.
For more information on the zig-zagging of the previous court orders, see our prior analysis:
For more information on the reporting requirements and common pitfalls of the CTA, see:
Publication
As ESG concerns have come to the forefront in different jurisdictions, the scope of these inquiries is expanding in kind.
Publication
In compliance with the constitutional reforms published in the Federal Official Gazette, new secondary legislation regulating the energy sector, specifically in terms of power and hydrocarbons, was published on March 18, 2025.
Publication
In compliance with the constitutional reforms published in the Federal Official Gazette, new secondary legislation regulating the energy sector, specifically in terms of power and hydrocarbons, was published on March 18, 2025.
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