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.
RSVP now for the launch of FACT’s new report on tax subsidies for U.S. multinational oil and gas companies, and catch up on all the latest from FACT and our members and allies in the latest edition of Just the FACTs.
In his latest blog, Isidoro Hazbun argues that the conservation movement must confront the financial engines of environmental destruction that operate across continents.
FACT publishes new research on illegal gold mining in the Amazon, Congress presses the Administration on anti-money laundering rollbacks, and Australia advances the implementation of its new tax transparency standard.
Read FACT’s official statement for the record on a House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions hearing on”Evaluating the Financial Crimes Enforcement Network.”
Read FACT’s latest report drawing on examples from Latin American countries to make the case that the crisis of illegal gold mining has become too large for the United States to ignore.
FACT’s latest report examines the devastating effects of illegal gold mining in Latin America, with a focus on how the U.S. financial system facilitates the laundering of illicit gold profits.
