FACT Sheet: Administration Support for Beneficial Ownership Disclosure
Several members of the U.S. administration have made statements in support of beneficial ownership disclosure.
FACT Sheet: Anonymous Companies and Human Trafficking
Anonymous companies provide human traffickers the secrecy they crave. Opaque ownership structures make it difficult to track the individuals involved, while providing plausible deniability for those who profit from human trafficking operations.
Video: Rep. Axne Confronts FASB on Tax Disclosure
Rep. Cynthia Axne (D-IA)Washington, DC Representative Cynthia Axne (D-IA) confronts Russell Golden the Chairman of the Financial Accounting Standards Board on why their most recent proposal did not include tax disclosures in spite of global trend toward requiring these disclosures and the fact that 100% of investors who commented on the FASB proposal, representing 2$ trillion …
Religious Institutions Urge Senate to Pass Financial Transparency Legislation
The Jubilee USA Network has published a letter in which religious communities to voice their support of beneficial ownership legislation offered through the Corporate Transparency Act (H.R. 2513) and ILLICIT CASH Act (S. 2563).
International NGOs Send Letter of Support to Senate Banking Committee on ILLICIT CASH Act (S.2563)
A group of five leading international NGOs signed a letter endorsing the ILLICT CASH Act (S.2563) in a bid to end the abuse of anonymous companies in the American financial system.
Small Business Majority Send Letter to Senate Banking Committee in Support of ILLICIT CASH Act (S.2563)
Small Business Majority (SBM) sent a letter to the Senate Banking Committee voicing support for the ILLICIT CASH Act (S.2563).