Money laundering fuels everything from terror finance and sanctions evasion to human trafficking and corruption. However, experts warn that our anti-money laundering efforts are on the brink of failure, as law enforcement only interdicts less than one-half of one percent of the trillions of dollars laundered each year. We need a new approach to addressing money laundering and the dangerous threats to our safety and security from the crimes funded through illicit finance.
FACT applauds the Senate Appropriations Committee’s new bill expanding funding for the nation’s primary financial intelligence unit, the Financial Crimes Enforcement Network, by more than $25 million.
La Coalición de Responsabilidad Financiera y Transparencia Corporativa celebra el reciente anuncio de la Secretaria del Tesoro, Janet Yellen, sobre la nueva Iniciativa de la Región Amazónica contra las Finanzas Ilícitas, que se centrará en las ganancias generadas por los delitos contra la naturaleza, como la tala ilegal y la minería, a través de una más estrecha colaboración, intercambio de información y asistencia técnica para los países de la región amazónica
FACT welcomes the government’s commitment to targeting the proceeds of nature crimes like illegal mining and deforestation through the new Amazon Region Initiative Against Illicit Finance.
FACT applauds the introduction of new anti-money laundering regulations requiring members of the $130 trillion investment advisory industry to collect and record basic details about their clients.
A través de la incidencia, la investigación y el desarrollo de capacidades, FACT busca eliminar las lagunas jurídicas que permiten el blanqueo de las ganancias obtenidas a través de delitos ambientales mediante su incorporación al sistema financiero estadounidense.
Through advocacy, research and capacity building, FACT seeks to close anti money laundering loopholes that allow the proceeds of environmental crime to be laundered into the U.S. financial system.
