U.S. Ranked Most Secretive Financial Jurisdiction in the World
Today, the United States was ranked the most secretive financial jurisdiction in the world, according to the 2022 Financial Secrecy Index (FSI).
Join FACT for the Financial Secrecy Index Launch on May 17th
Join the Financial Accountability and Corporate Transparency (FACT) Coalition on May 17th for the U.S. launch of the Financial Secrecy Index, a flagship research initiative of the Tax Justice Network. The Financial Secrecy Index ranks countries around the world based on “how intensely the country’s financial and legal system allows individuals to hide and launder money extracted from around the world.”
FACT Supports Corporate Transparency Legislation in Briefing for New York Legislature
FACT’s Policy Director Ryan Gurule and Gary Kalman of FACT-Member Transparency International Spoke Today in a Legislative Briefing for New York’s Legislature on the Importance of Implementing Corporate Transparency Reforms through New York’s LLC Transparency Act
FACT Submits Statement for Key FinCEN Oversight Hearing
FACT’s statement to House Financial Services outlines priorities for implementing beneficial ownership reform and strengthening anti-money laundering rules
Cracking Down on Financial Crime: Six Issues to Watch in Thursday’s House Hearing with the FinCEN Acting Director
There’s a lot to watch during Thursday’s congressional oversight hearing with FinCEN Acting Director Him Das. Here’s what we are interested in knowing re: U.S. progress to close AML loopholes and deny kleptocrats, criminals, and terrorists access to the U.S. financial system.
Anti-Corruption Campaigners Urge Treasury to Swiftly Implement Landmark Corporate Transparency Law
The FACT Coalition sent a letter today to the Financial Crimes Enforcement Network (FinCEN) urging the agency to act quickly to implement the secure directory of beneficial owners of U.S. entities under the Corporate Transparency Act (CTA) and, in doing so, to adopt a set of internationally recognized best data practices.