Ian Gary was quoted in Compliance Week alongside TI-US Executive Director Gary Kalman praising Treasury’s proposed rule.
“By finalizing strong anti-money laundering safeguards for the multi-trillion dollar real estate sector,” said Kalman, “the Biden administration can live up to its commitments and catapult the United States from being a laggard to a leader in the global fight against corruption and illicit finance.”
FACT executive director Ian Gary was quoted in the Wall Street Journal’s coverage of Treasury’s proposed rule on real estate money laundering.
FACT government affairs director Erica Hanichak was quoted in coverage by ICIJ’s Spencer Woodman of the rollout of Treasury’s groundbreaking beneficial ownership registry, in which she dispelled myths surrounding the measure’s requirements and possible penalties for small businesses.
Read FACT executive director Ian Gary’s recent letter to the editor in the Washington Post calling attention to the role that U.S. financial secrecy plays in enabling the environmental degradation of the Amazon.
FACT government affairs director Erica Hanichak was quoted in coverage of the recently-implemented Corporate Transparency Act by the New York Times’ Kate Kelly.
FACT’s latest report – which describes how rampant financial secrecy makes the U.S. “in some ways the perfect playground for criminals looking to stash the illicit proceeds of environmental crimes,” – was cited heavily in coverage by the ICIJ.
