In this month’s edition of Just the FACTs, FACT and allies respond to reckless House vote threatening the Corporate Transparency Act, and FACT joins 34 other civil society organizations in offering policy recommendations on illicit gold ahead of UK summit.
A number of misconceptions have been cited by lawmakers to justify repealing and hollowing out the Corporate Transparency Act (CTA). In a letter to House Financial Services Committee leadership, FACT and Transparency International U.S. set the record straight.
“There could be no greater gift to the fentanyl traffickers, fraudsters, and U.S. adversaries that rely on the anonymity that shell companies provide than gutting the Corporate Transparency Act.” – FACT Deputy Director Erica Hanichak
A new report by the FACT Coalition finds that the U.S. is the most common foreign destination for the products and proceeds of environmental crimes committed in the Amazon region.
It is imperative both for the U.S. to get its own affairs in order, as well as for the world to prioritize environmental crimes within the framework of the UNCAC. By leveraging its influence, the U.S. has the power to shape and bolster global efforts aimed at combating corruption by tackling environmental crimes.
FACT Policy Director testified before Alaska’s legislature on the harmful impact of the “secrecy rat-race” between states and how Alaska could help to lead the way to transparency.
