FACT Environmental Crimes Newsletter: Fall 2024
Read the first edition of FACT’s biannual Environmental Crimes Newsletter, a round-up of recent news regarding efforts to combat environmental crimes and the dirty money associated with them.
Heeding Calls from FACT and Other Experts, Treasury Releases Long-Awaited Final Anti-Money Laundering Regulations: Just the FACTs 8/29/24
An initial review of two new Treasury rulemakings points to a strong set of reforms that close major loopholes long-decried by FACT members and other AML experts as easy avenues for financial criminals to hide ill-gotten gains in U.S. markets.
Investors with $2.3T in Assets Call for Enhanced Tax Transparency, Treasury to Finalize New AML Rules in August: Just the FACTs 8/1/24
A new petition from investors with $2.3 trillion in assets under management calls for additional tax transparency from U.S.-listed multinationals, Treasury updates its timeline for key anti-money laundering rulemakings, and the U.S. announces a new initiative targeting the proceeds of environmental crimes in the Amazon.
FACT Calls on Congress to Eliminate Wasteful Corporate Tax Break, Supreme Court Issues Landmark Tax Ruling: Just the FACTs 6/25/24
FACT calls on Congress to repeal the Foreign-Derived Intangible Income deduction, the Supreme Court reaffirms Congress’ taxing authority, and FACT, allies gather in Lithuania for the 2024 International Anti-Corruption Conference.
FACT Releases Multinational Corporate Tax Policy Platform for 2025: Just the FACTs 5/23/24
FACT releases a new policy platform to guide multinational tax reform in 2025, and Treasury and the SEC release joint proposal introducing anti-money laundering safeguards for investment advisers.
FACT, Allies Release New Report Detailing $2.6 Billion Laundered Through Commercial Real Estate: Just the FACTs 5/9/24
A new report details 25 confirmed or alleged cases of money laundering through U.S. commercial real estate, and a pair of Congressional hearings draw attention to key Treasury actions on international tax reform and beneficial ownership transparency.