U.S. Court of Appeals Upholds the Corporate Transparency Act
“The Court’s decision confirms what Congress understood and intended when it originally passed this legislation: that anonymous companies are drivers of fraud, drug trafficking, and the threats posed by terrorists and transnational criminal organizations.”
- Erica Hanichak, deputy director of the FACT Coalition.
Latest News
Event Recap: Financial Crime, Environmental Crime and Climate Change – Unpacking the Connections, Exposing the Risks
Read a recap of FACT’s recent conversation with experts from The Sentry and the Center for Climate Crime Analysis exploring the financial drivers of environmental crime, the risks that corporate and financial actors may be exposed to as a result, and the opportunities to use financial intelligence and anti-money laundering frameworks to identify and disrupt financial flows linked to environmental harm.
Event Recap: From Hidden Wealth to Public Trust – Reclaiming Our Democracy
Read a recap and watch the recording of FACT’s September 22 conversation with Vanessa Williamson (Brookings) and Casey Michel (Human Rights Foundation) exploring why good tax policy and financial transparency are essential to American democracy.
Shell Companies 101: A Brief Summary of the Corporate Transparency Act (CTA)
Anonymous companies have been linked to money laundering, fraud, drug trafficking, sanctions evasion, corruption, tax crimes, human trafficking, organized crime, terrorist financing, and other forms of illicit activity. The Corporate Transparency Act remains our best tool to fight back.
Senators, Law Enforcement Groups, and Transparency Advocates Condemn Final Rule Gutting Corporate Transparency Act – Just the FACTs 9/10/26
In this month’s edition of Just the FACTs, bipartisan outcry from lawmakers over Treasury’s move to gut the ownership reporting requirements for U.S. companies, and FACT’s research prompts new legislation to end tax subsidies for foreign oil and gas drilling.