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Clark Gascoigne

Clark Gascoigne is the Senior Policy Advisor of the FACT Coalition.

Comments to SEC in Support of Legal Entity Identifier (LEI) Requirements

The FACT Coalition filed a comment on January 2, 2018 with the U.S. Securities and Exchange Commission (SEC) supporting the agency’s proposal to mandate the disclosure of Legal Entity Identifier (LEI) numbers by public companies and their subsidiaries.  The Coalition also urged requiring all public companies to obtain LEIs, ensuring that the LEIs are disclosed in a machine-readable format, and mandating that companies disclose all of their subsidiaries in their disclosures, rather than simply their “significant” subsidiaries.

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Tax Bill Threatens U.S. Jobs

Fuels Tax Haven Industry and Increases Incentives to Move Operations Offshore
WASHINGTON, D.C – Today, Congress passed the Tax Cuts and Jobs Act (H.R.1), and the President has indicated he will soon sign it into law. Among its many provisions, the bill changes the way in which corporations are taxed.

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Committee Advances Bill to Target Financing of Human Trafficking

House Financial Services Committee Votes Unanimously in Favor of the End Banking for Human Traffickers Act of 2017 (H.R.2219)
WASHINGTON, D.C. – The U.S. House Financial Services Committee on Wednesday voted unanimously to advance legislation targeting the financing of human trafficking, in a move welcomed by the Financial Accountability and Corporate Transparency (FACT) Coalition.

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Letter to Reps. Hensarling and Waters Supporting End Banking for Human Traffickers Act (H.R.2219)

The Financial Accountability and Corporate Transparency Coalition (FACT Coalition) sent a letter to House Financial Services Committee Chairman Jeb Hensarling and Ranking Member Maxine Waters in support of the bipartisan End Banking for Human Traffickers Act of 2017 (H.R.2219), which would increase the role of financial policymakers and the financial industry in combating human trafficking.

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