Read FACT’s official comment urging global governments to strengthen existing systems and multilateral cooperation on beneficial ownership transparency ahead of the 10th Conference of State Parties to the UN Convention Against Corruption.
Widespread adoption of public country-by-country reporting requirements could be the silver bullet African nations need to overcome numerous challenges, including the scourge of illicit financial outflows and tax evasion.
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.
In order to effectively address the international debt crisis, climate change, and other key challenges, Global North leaders must acknowledge their own complicity in enabling the illicit flow of needed funds out of developing economies.
Join FACT, GATJ, and the Nawi Collective for a hybrid in-person and virtual panel discussion highlighting growing efforts in Africa to analyze and tackle macroeconomic systems which discriminate against women, as well as reform campaigns designed to support the realization of women’s rights.
Less than a week after the conclusion of the IACC, the Biden Administration took another big step toward meeting its anti-money laundering and anti-corruption commitments with the release of the second draft rule to implement the Corporate Transparency Act early today.