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.
Recommendations include explicit inclusion of foreign environmental crimes as a predicate offense for money laundering and consideration of the role of U.S. financiers in future proposed regulation.
The bipartisan ENABLERS Act continues to gain steam heading into conference as an amendment to the annual must-pass defense bill, providing lawmakers with a historic opportunity to end the complicity of U.S. professionals in the laundering of illicit funds by kleptocrats and criminals the world over.
Australia may become the first country to require a wide range of MNEs (multinational enterprises), including some headquartered in the United States, to report key tax and operating information that is fully disaggregated on a country-by-country basis,
