FACT Sent Comments to Congress on Hearing on Corporate Disclosures
FACT sent comments to Congress on hearing on corporate disclosures.
FACT Coalition Welcomes Recommended Financial Transparency and Accountability Reforms in UN Panel Report
The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed the final report from a UN panel shining a spotlight on the need to fight illicit financial flows and raise government revenues through global tax reform.
New Administration, New Opportunities: Just the Facts: Feb 17, 2021
A month after the enactment of the landmark Corporate Transparency Act, a new administration is opening new opportunities to advance the fight against corruption and illicit finance.
An Impressively Broad Coalition Just Did Something Big to Combat Money Laundering
Particularly in the wake of the tumultuous events of last week, it feels as though America’s divisions are so deep that our government cannot take meaningful action. However, there have been recent moments of successful bipartisan cooperation that deserve celebration.
Just the FACTs: January 14, 2021
Anonymous shell companies in the US will soon be extinct. After more than a decade of debate, the House and Senate have both passed the Corporate Transparency Act as part of the recently enacted bipartisan, National Defense Authorization Act for Fiscal Year 2021 (NDAA, H.R. 6395).
Stop Corruption: End Anonymous Companies
On the eve of International Anti-Corruption Day, the U.S. House of Representatives passed an historic measure to end anonymous companies by a veto-proof margin. The Corporate Transparency Act, included in the annual “must-pass” defense bill known as the National Defense Authorization Act, is expected to become law before the end of the year. As we mark International Anti-Corruption Day, this significant step forward for the U.S., which has historically lagged behind other nations–hopefully ushers in a new era of U.S. leadership on transparency and anti-corruption.