compliance – The News Desk

Small businesses are often hit hardest by regulation, and the latest federal dragnet is no exception. Under a statute aimed at reducing money laundering, millions of small businesses may soon be snared by onerous reporting requirements and fines for noncompliance.In 2021 Congress enacted the Corporate Transparency Act (CTA) in a broad effort to tighten money-laundering laws. The CTA assigns the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) with identifying shell companies used for illegal transactions and creating a registry of businesses with less than $5 million in annual sales and fewer than 20 employees.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

SkyTeam has launched a new tool enabling customers to check the hand baggage allowance when travelling on more than one member carrier on one itinerary. Passengers can use the Carry-on Calculator to input their class of travel and the airlines they are flying with, to receive information on the hand baggage policies for each carrier. A recommended allowance is also advised based on the most restrictive carry-on and personal item allowance for every flight, including bag dimensions and maximum weight, to ensure the customer complies with requirements across all stages of the journey. The new online service is available at skyteam.com/en/hand-luggage-policy. Virgin Atlantic became SkyTeam’s latest member earlier this year, joining Aerolineas Argentinas, Aeromexico, Air Europa, Air France, ...

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The Coming Deluge for Small Business

SkyTeam launches hand baggage compliance checker for connecting customers – Business Traveller