The bipartisan ENABLERS Act continues to gain steam heading into conference as an amendment to the annual must-pass defense bill, providing lawmakers with a historic opportunity to end the complicity of U.S. professionals in the laundering of illicit funds by kleptocrats and criminals the world over.
Australia is poised to deliver a global breakthrough in tax transparency with a new budget for FY2023 including strong public country-by-country reporting (PCbCR) requirements for certain large multinational enterprises (MNEs).
The bipartisan ENABLERS Act, which would put an end to the abuse of US markets by kleptocrats and international criminals that is aided by certain legal, administrative and financial professionals, is officially headed to a conference committee later this year as part of the must-pass annual defense bill.
With a robust first rulemaking on the landmark Corporate Transparency Act (CTA), the Biden Administration has taken an important step toward delivering on its commitment to making the fight against corruption a foremost national security priority.
New Sentry Report Details how Bankers, Lawyers, and Accountants Enable Global Corruption Networks: “The Enablers Fueling Global Corruption and Building Violent Kleptocracies.”
Germany has expressed its intention to move forward with a crucial piece of the OECD’s global tax agreement, introducing legislation to create a minimum corporate tax with or without the rest of the European Union.
