OCCRP: Experts Urge ENABLERS Act Passage Despite Senate Setback
FACT Government Affairs Director Erica Hanichak is quoted by OCCRP on the prospects of passing the ENABLERS Act despite setbacks in the Senate
FACT and Stop the Bleeding Submit Letter to U.S. and African Leaders Calling For New Partnership to Curb Corruption and Financial Crimes
In advance of the Second U.S.-Africa Leaders’ Summit, leaders in the U.S. and Africa must seize the moment to advance a new partnership to curb Illicit Financial Flows, corruption, and tax dodging.
San Francisco Standard: Senate Rejects Bill To Curb Money Laundering in Silicon Valley
The San Francisco Standard quotes FACT Government Director Erica Hanichak about the need to pass the ENABLERS Act to counter the influence of foreign kleptocrats.
White House Announces “Full Support” for Critical Bipartisan Anti-Money Laundering Reform Bill at Anti-Corruption Conference
The FACT Coalition applauds today’s announcement by Jake Sullivan, National Security Advisor to the President, of the Biden Administration’s “full support” for the ENABLERS Act. The ENABLERS Act would close dangerous loopholes in the U.S. anti-money laundering framework.
One Year Out from the First Summit for Democracy, It’s Time to Put the Pedal to the Metal on Anti-Money Laundering Reforms
The Administration must accelerate its efforts on AML by fully implementing U.S. anonymous entity beneficial ownership transparency rules and advancing long-overdue regulatory overhauls on U.S. real estate and private investment fund markets within the coming year.
FACT Submits Comments to Biden Administration on Combating Deforestation Related Illicit Finance
Recommendations include explicit inclusion of foreign environmental crimes as a predicate offense for money laundering and consideration of the role of U.S. financiers in future proposed regulation.