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US lawmakers file amicus brief defending constitutionality of Corporate Transparency Act

( April 23, 2024, 15:00 GMT | Official Statement) -- MLex Summary: Three US senators and a member of the House filed an amicus brief in a case before the US Court of Appeals for the 11th Circuit, urging the court to uphold the constitutionality of the bipartisan Corporate Transparency Act, a 2021 law considered the most important anti-money laundering law passed in two decades. A lower court judge ruled the law was unconstitutional despite its good intentions.Statement and brief follow below:...

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