U.S. Congress Close to Ending Anonymous Companies Abused by Criminals and Corrupt Actors
Lawmakers took a major step toward ending anonymous companies with the bipartisan unveiling of legislative text for the annual must-pass defense bill.
International Tax Abuse Costs Taxpayers Billions as Countries Confront COVID-19 Pandemic
New report finds taxpayers lose $427 billion worldwide to individual tax evasion and multinational corporate profit-shifting, undercutting a COVID-19 response.
Ian Gary named Executive Director of the Financial Accountability and Corporate Transparency (FACT) Coalition
The FACT Coalition is pleased to announce Ian Gary as its next executive director.
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.
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.