Anonymous Companies Fuel Illicit Trade in Counterfeit and Pirated Goods
The formation and use of anonymous companies undermine the economic and financial interests of U.S. companies and markets according to a new report from the FACT Coalition.
The FACT Coalition sent a letter to Congress outlining key transparency and accountability measures to guide the ongoing policy response to COVID-19.
Outside of crimes of passion—for example, murder committed in a jealous rage—criminals, criminal organizations, kleptocrats, and some businesses and corporations are motivated by greed. In today’s increasingly interconnected world, the criminal manifestations of unchecked avarice impact all of us: politically, socially, economically, and culturally. Transnational crime affects our individual and collective security.
FACT joins a coalition letter urging Congress to strengthen the oversight and anti-corruption measures over the $3 trillion and growing Coronavirus relief legislative programs.
FACT sent comments to the United Nations High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel).