December 3, 2024: A federal judge in Texas issued a nationwide preliminary injunction, temporarily halting the enforcement of the CTA, citing potential constitutional concerns.
THE WALL STREET JOURNAL
December 23, 2024: The Fifth Circuit Court of Appeals lifted the injunction, reinstating the CTA's reporting requirements. Following this decision, FinCEN extended the compliance deadline to January 13, 2025, for existing companies.
December 3, 2024: A federal judge in Texas issued a nationwide preliminary injunction, temporarily halting the enforcement of the CTA, citing potential constitutional concerns. THE WALL STREET JOURNAL
December 23, 2024: The Fifth Circuit Court of Appeals lifted the injunction, reinstating the CTA's reporting requirements. Following this decision, FinCEN extended the compliance deadline to January 13, 2025, for existing companies.