FACT’s latest report – which describes how rampant financial secrecy makes the U.S. “in some ways the perfect playground for criminals looking to stash the illicit proceeds of environmental crimes,” – was cited heavily in coverage by the ICIJ.
FACT executive director Ian Gary was quoted in coverage of FACT’s latest report on illicit financial flows from environmental crimes in the Amazon by the Guardian’s Jonathan Watts.
The Senior Policy Advisor for Environmental Crimes and Illicit Finance will lead and manage the FACT Coalition secretariat’s growing portfolio of work at the intersection of environmental and financial crime.
Treasury’s revised beneficial ownership information reporting form incorporates critical feedback from FACT and its allies, removing fields that would have introduced unprecedented optionality to reporting under the Corporate Transparency Act.
Effective domestic anti-money laundering policy is essential for the U.S. to become a true partner to Africa in rooting out malicious foreign actors like the Wagner Group.
Implementation of the Corporate Transparency Act is under serious threat, FACT calls on Treasury to nominate permanent leadership at FinCEN, and Canada introduces long awaited legislation to create a publicly-accessible federal beneficial ownership registry.
