FACT Sent Comments to the FDIC on Proposed SARs Exemption Rules
FACT Sent Comments to the FDIC on its Proposed Suspicious Activity Reports Exemption Rule
FACT Sent Comments to the OCC on Proposed SARs Exemption Rules
FACT Sent Comments to the OCC on its Proposed Suspicious Activity Reports Exemption Rule
New Administration, New Opportunities: Just the Facts: Feb 17, 2021
A month after the enactment of the landmark Corporate Transparency Act, a new administration is opening new opportunities to advance the fight against corruption and illicit finance.
FACT Welcomes Bipartisan Bills to Counter Kleptocracy and Combat Global Corruption
U.S. Senators Ben Cardin (D-MD) and Roger Wicker (R-MS) introduced legislation Thursday that would establish a global anti-corruption action fund at the State Department, dedicated to shoring up the rule of law abroad and combating global corruption.
Defense Bill Includes Two Landmark Transparency Provisions
As 2021 began, Congress passed two landmark laws that will help improve the transparency of federal contractors and combat the use of anonymous shell companies for money laundering.
How a Mini Movement Overturned Secret US Shell Companies
Swiss bankers, and many other tax haven operatives, have always complained that they are unfairly victimised by international anger over their financial secrecy practices. “What about Delaware,” they routinely asked, “how come they can get away with it?”
And, at least in this respect, they had a point, even though it was merely a cheap exercise in what-aboutism. But, as of January 1, no longer: