PBS Frontline: Post-Pandora Papers, a Big Week of Federal Activity Examines Hidden Wealth
PBS Frontline quotes FACT’s Executive Director, Ian Gary, and Government Affairs Director, Erica Hanichak
AP: House committee wants trust secrecy cut after Pandora Papers
FACT’s Erica Hanichak is quoted in the Associated Press: “It is imperative that Congress fill its oversight and appropriations role to aid the administration in denying financial safe haven, not only to tax evaders, but also to drug traffickers, human rights abusers, kleptocrats, terror financiers and sanctions dodgers.”
Before W&M Oversight Subcommittee, FACT Government Affairs Director Erica Hanichak Calls on Congress to Deny Safe Haven to Tax Evasion and Illicit Finance
FACT Government Affairs Director Erica Hanichak spoke before the Ways and Means Oversight Subcommittee in a hearing on the Pandora Papers. In her oral testimony, she stressed that Congress must fulfill its role in denying financial safe haven to tax evaders, drug traffickers, human rights abusers, kleptocrats, terror financiers, and sanctions dodgers.
Combating Corruption to Drive Democratic Renewal: A Kickoff Event for the Summit for Democracy
On December 6, the Brookings Institution, the German Marshall Fund of the United States, the Center for European Policy Analysis, the Transatlantic Democracy Working Group, the FACT Coalition, and the Leveraging Transparency to Reduce Corruption initiative will co-host a seminar on the fight against corruption and its relationship to advancing democracy and addressing democratic backsliding globally.
Massive and Opaque U.S. Private Investment Industry Presents Major National Security and Corruption Threats
The $11 trillion U.S. private investment industry represents a gaping hole in the U.S. anti-money laundering framework and makes the U.S. an attractive destination for illicit financial flows, according to a joint report released today by the Financial Accountability and Corporate Transparency (FACT) Coalition, Global Financial Integrity, and the Transparency International U.S. Office.
Private Investments, Public Harm
FACT’s latest report – “Private Investments, Public Harm: How the Opacity of the Massive U.S. Private Investment Industry Fuels Corruption and Threatens National Security” – reveals a gaping hole in the U.S. anti-money laundering framework that undermines U.S. national security, jeopardizes the world’s democracies, and touches the lives of ordinary Americans.