Tag: compliance
6 posts
How states differ on annual report deadlines and what failure means
An LLC or corporation that misses an annual report deadline does not vanish overnight · but the speed and finality of dissolution varies wildly by state, and you need to know the rules for every jurisdiction where…
Beneficial Ownership reporting under CTA — what changed in 2024 and 2025
The Corporate Transparency Act (CTA) shifted who has to report beneficial owners and how underwriters can see that data. It is now live for new entities; older ones face a staggered compliance window through 2025.…
OFAC SDN cross-references — why every SOS pull should include sanctions
An OFAC hit on a borrower you've already funded is a compliance failure, not a data-discovery problem. By then you've taken the credit risk, the reputational risk, and the regulatory risk. If your underwriting…
SDN vs SDGT vs sectoral sanctions — the OFAC list distinctions that matter
OFAC publishes multiple sanctions lists. They overlap but aren't identical. For credit-decision use, the differences affect what a "clean check" actually proves.
Statement of Information vs Annual Report — the terminology gap that breaks automation
Every state calls its recurring entity filing something different. Same purpose, different name, different deadline, different fee — and tools that don't translate fail half the time.
OFAC's 50% rule — what "indirectly owned" actually catches
A clean OFAC SDN screen doesn't mean an entity is OFAC-clear. The 50% rule blocks ownership chains nobody can see on the public list.