FACT Sheet: Law Enforcement Opposes Anonymous Shell Companies
Quotes from prominent law enforcement officials explaining the problems with anonymous shell companies.
FACT Calls for Strengthening of Treasury’s Anti-Money Laundering Proposal to Curb Abuse of Anonymous Companies
The FACT (Financial Accountability and Corporate Transparency) Coalition submitted comments to the U.S. Treasury Department on Friday welcoming the government’s proposed rule to require U.S. banks to know the true owner of all accounts opened in their institutions as a step toward pushing dirty money out of the American financial system, while cautioning that several elements of the proposal need to be strengthened.
FACT Advocacy Days on Capitol Hill
Faith leaders, small business owners, activists, and others will be fanning out across Capitol Hill to tell lawmakers in both chambers and in both parties of the impact that offshore tax haven abuse and the use of anonymous shell companies are having on communities as the FACT (Financial Accountability and Corporate Transparency) Coalition kicks off its Advocacy Days.
FACT Releases Analysis of New Tax Disclosures, Treasury Risk Assessment Downplays Domestic Shells – Just the FACTs 3/19/26
In this month’s edition of Just the FACTs, FACT releases analysis of new tax disclosures, and Treasury’s new money laundering risk assessment reaffirms many known threats, but downplays domestic shell companies.
The US is Colombia’s top gold customer — and cartels know it
FACT program director for environmental crime Julia Yansura was featured extensively in a new documentary by Business Insider covering the U.S.’ status as the largest importer of Colombian gold. Illicit gold has emerged in recent years as a top source of income for transnational drug cartels, armed groups, and other criminal actors in Colombia and throughout the Western Hemisphere.
“If we want to help shut down this problem, we need to do more from the U.S. side,” Yansura said, adding that “the financial sector is massively exposed to [illicit gold] risks, yet they’ve received very little guidance from U.S. regulators about how they should be managing them.”
New Tax Disclosures Reveal Tax Haven Abuse, Illicit Gold Mining Bill Clears Committee – Just the FACTs 2/9/26
New disclosures are shedding light on the large role that tax havens continue to play in shielding American multinational companies from effective taxation, SFRC clears the U.S. Legal Gold and Mining Partnership Act, and more in the latest Just the FACTs Newsletter.