Launch of U.S. Beneficial Ownership Registry Caps Year of Wins On Key FACT Priorities
Major wins on corporate transparency and anti-money laundering policy, the dawning of a new era of multinational tax transparency, and expanding recognition of the role of U.S. financial secrecy in enabling environmental crimes all helped to define a landmark year of impact for the FACT Coalition and our allies.
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Senate Budget Bill Includes Crucial New Funding for Nation’s Financial Crime Fighters
FACT applauds the Senate Appropriations Committee’s new bill expanding funding for the nation’s primary financial intelligence unit, the Financial Crimes Enforcement Network, by more than $25 million.
Investors with $2.3T in Assets Call for Enhanced Tax Transparency, Treasury to Finalize New AML Rules in August: Just the FACTs 8/1/24
A new petition from investors with $2.3 trillion in assets under management calls for additional tax transparency from U.S.-listed multinationals, Treasury updates its timeline for key anti-money laundering rulemakings, and the U.S. announces a new initiative targeting the proceeds of environmental crimes in the Amazon.
Investors with More than $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency
A new petition filed on behalf of 87 investors with more than $2.3 trillion in assets under management calls on the U.S. Securities and Exchange Commission to require greater tax transparency from U.S.-listed companies.
FACT Applauds Announcement of Intergovernmental Initiative to Combat Illicit Finance and Nature Crimes
FACT welcomes the government’s commitment to targeting the proceeds of nature crimes like illegal mining and deforestation through the new Amazon Region Initiative Against Illicit Finance.