UN Panel Says Major Reforms Needed to Boost Fight Against Illicit Finance
A new UN report exposes major shortcomings and systemic problems in the global framework to combat tax abuse, corruption, and money laundering.
FinCEN Files Highlight Need to Overhaul and Prioritize Dirty Money Fight
A new investigation published by a global network of news outlets reveals major flaws in U.S. anti-money laundering safeguards.
Just the FACTs: July 29, 2020
2020 is turning out to be an eventful year in the fight against corrupt financial practices.
House Adds Measure Ending Anonymous Companies to Annual Defense Bill
The U.S. House of Representatives voted Monday to attach a major measure updating federal anti-money laundering laws and ending the incorporation of anonymous companies in the U.S. to the annual National Defense Authorization Act.
Apple’s EU Ruling Underscores Need to Change Laws to Combat Tax Avoidance
The FACT Coalition issued a statement on the European Union court ruling overturning a 2016 decision that found that Apple had received illegal tax breaks from Ireland.
New Bill Would Prevent COVID Aid from Bailing Out “Inverted” Corporations
Sen. Durbin and Rep. Doggett’s bill provides a critical safeguard against corporate abuse at this time of national crisis.