In January, FACT, TI-US, and GFI held a press briefing detailing the Coalition’s main policy areas to watch in 2024, including imminent actions by Treasury addressing money laundering risks through U.S. real estate and private investment markets, as well as new work at the intersection of environmental and financial crime.
FACT’s latest report – which describes how rampant financial secrecy makes the U.S. “in some ways the perfect playground for criminals looking to stash the illicit proceeds of environmental crimes,” – was cited heavily in coverage by the ICIJ.
El nuevo informe de FACT se basa en entrevistas con activistas locales y regionales, líderes indígenas, expertos en lucha contra el lavado de dinero y funcionarios gubernamentales en Perú, Colombia y los Estados Unidos para mostrar cómo el secreto financiero contribuye a facilitar estos delitos.
FACT’s new report, “Dirty Money and the Destruction of the Amazon,” draws on interviews with diverse stakeholders to show how U.S. financial secrecy facilitates environmental crimes in Peru and Colombia, and lays out a comprehensive U.S. reform agenda.
The FACT-endorsed Disclosure of Tax Havens and Offshoring Act requires large multinational corporations to begin public country-by-country reporting of tax and operational data to the Securities and Exchange Commission.
In advance of the Second U.S.-Africa Leaders’ Summit, leaders in the U.S. and Africa must seize the moment to advance a new partnership to curb Illicit Financial Flows, corruption, and tax dodging.
