Just the FACTs: July 29, 2020
2020 is turning out to be an eventful year in the fight against corrupt financial practices.
Former Treasury Special Agent Discusses New Book on Illicit Financial Flows
Outside of crimes of passion—for example, murder committed in a jealous rage—criminals, criminal organizations, kleptocrats, and some businesses and corporations are motivated by greed. In today’s increasingly interconnected world, the criminal manifestations of unchecked avarice impact all of us: politically, socially, economically, and culturally. Transnational crime affects our individual and collective security.
Comments to UN FACTI High Level Panel for Achieving the 2030 Agenda
FACT sent comments to the United Nations High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel).
Letter to Congress Outlining Key Transparency and Accountability Guidelines for COVID-19 Response
The FACT Coalition sent a letter to Congress outlining key transparency and accountability measures to guide the ongoing policy response to COVID-19.
Unaccountable: The Role of Accountancy Firms in International Financial Scandals
The revelatory Luanda Leaks by the International Consortium of Investigative Journalists (ICIJ) and 35 partner organizations exposed the critical role financial service providers – frequently Western – play in facilitating massive international financial scandals.
Letter from the Consumer Banking Association to the Senate in Support of the ILLICIT CASH Act (S. 2563)
The Consumer Banking Association sent a letter to the U.S. Senate’s Committee on Banking, urging members to end the incorporation of anonymous shell companies.