Ownership Transparency

Global Financial Integrity, a founding institutional member of the FACT Coalition, has sent a letter of support to Senate Leadership backing the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049) in its upcoming vote this week. Research from GFI has shown that anonymous companies are a critical component of facilitating transnational crime, including human, drugs, wildlife and arms trafficking and terrorist and rogue-state financing.

The human rights organization Polaris has sent a letter to Senate offices supporting the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will restrict criminal abuse of anonymous shell companies.

ActionAid USA, Bread for the World, Jubilee USA, the ONE Campaign, and Oxfam America sent a joint letter supporting the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will update U.S. AML regulations.

Transparency International sent a letter in support of the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049) to senate offices this week. The bill will serve to update U.S. AML regulations in the face of changing global dynamics in the finance industry.

The National Association of Federally-Insured Credit Unions (NAFCU) has written a letter to Senate leadership urging support for the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill would help update U.S. AML legislation and protect personal and small businesses.

The Coalition for Integrity has expressed its support for the Anti-Money Laundering Act of 2020 (S. Amdt.2198 to S.4049). The bill will help protect the integrity of the American financial system.