FACT Sends Comments to Curb the Misuse of Trusts and Other Legal Arrangements – FATF Recommendation 25
The FACT Coalition offers advice to the Financial Action Task Force as a part of their public consultation on Recommendation 25.
FACT Submits Statement for Key FinCEN Oversight Hearing
FACT’s statement to House Financial Services outlines priorities for implementing beneficial ownership reform and strengthening anti-money laundering rules
FACT Submits Comment to the SEC to Amend Form PF and Secure the U.S. Financial System
Requiring private fund advisers to conduct and report basic customer due diligence is key for defending U.S. financial markets from bad and corrupt actors.
FACT Welcomes Treasury Department Action to Counter Money Laundering through U.S. Real Estate
WASHINGTON, DC – In a comment letter submitted yesterday, the FACT Coalition welcomed action by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to bring the U.S. real estate sector under the purview of federal anti-money laundering safeguards. The FACT Coalition offered guidance on how FinCEN should craft a rulemaking that would introduce permanent, nationwide standards to address illicit financial risks in the sector.
31 Civil Society Organizations Send Letter to FinCEN in Support of Strong Beneficial Ownership Implementation
31 Civil Society Organizations Send Letter to FinCEN in Support of Strong Beneficial Ownership Implementation
63 Investors with $2.9 trillion in Assets Under Management Send Letter to FASB in Support of Tax Transparency
63 Investors with $2.9 trillion in Assets Under Management Send Letter to FASB in Support of Tax Transparency