FACT Sheet: Business Case for Ending Anonymous Companies (February 2020)
The pervasive use of secret shell and front companies harms the broader economy, and more and more businesses are speaking out.
The B Team Sends Letter Supporting ILLICIT CASH Act (S.2563)
The B Team has sent a letter to the Senate Banking Committee in which business leaders voice their support of beneficial ownership legislation offered through the Corporate Transparency Act (H.R. 2513) and ILLICIT CASH Act (S. 2563).
Legislation Will End Anonymous Shell Companies
Sheriff Carolyn Welsh of Chester County, Pennsylvania published an op-ed in the Daily Local calling on Congress to pass ILLICIT CASH Act (S. 2563) to ensure local law enforcement can fulfill their duty to serve and protect.
Letter from the Consumer Banking Association to the Senate in Support of the ILLICIT CASH Act (S. 2563)
The Consumer Banking Association sent a letter to the U.S. Senate’s Committee on Banking, urging members to end the incorporation of anonymous shell companies.
Letter to Senate from 10 Human Rights Groups Supporting ILLICIT CASH Act (S.2563)
10 prominent human rights organizations sent a letter to senators urging them to support the ILLICIT CASH Act (S.2563) and end the incorporation of anonymous companies in the U.S.
More than 100 National Security and Foreign Policy Experts Call on Senators to Tackle Anonymous Shell Companies
More than 100 national security experts sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs urging members to end the incorporation of anonymous shell companies.