Letter to the Editor: Be Transparent About Shells
Read FACT deputy director Erica Hanichak’s letter to the editor for the Wall Street Journal on the importance of addressing the abuse of shell companies when enforcing tariffs.
Treasury Exposes U.S. to Increased Risks of Dirty Money By Delaying, Reopening Private Investment Anti-Money Laundering Rule
Treasury’s plan to postpone and reopen a rule finalized last year that introduced groundbreaking anti-money laundering safeguards for the $130 trillion U.S. private investment sector will only heighten existing corruption, national security, and illicit finance risks.
FACT Submits Comments on Reporting Form for Landmark Real Estate AML Regulations
Read FACT’s comments to Treasury on the final reporting form that will be used by covered entities and individuals under groundbreaking new anti-money laundering regulations for all-cash real estate purchases.
The “Big, Beautiful Bill” has a Big Illicit Finance Problem
A new tax on money sent from the U.S. to other countries by non-citizens will only serve to drive immigrants toward less secure, informal money transfer services, write FACT’s Julia Yansura and Zorka Milin.
Comment: FACT Calls on the Treasury to Rescind it’s Interim Final Rule Gutting the Corporate Transparency Act
FACT submits a comment to FinCEN calling for the withdrawal of the interim final rule that exempts U.S. entites from reporting beneficial ownership information.
Panel Discussion – Illegal Gold Mining and Dirty Money: Breaking the Vicious Cycle of Environmental Crime in the Americas
Information on FACT’s in-person panel discussion highlighting the role of illegal gold in financing authoritarian regimes and organized crime.