The Anti-Money Laundering Act would end the abuse of anonymous companies and has the support of the business community, national security experts, and law enforcement.
The House has shown it’s serious about ending the abuse of anonymous companies. Now the Senate must get this reform across the finish line.
Polaris sent a letter to the House of Representatives in support of House Amendment 1 to the National Defense Authorization Act.
Following the inclusion of H.Amdt.1 in the House National Defense Authorization Act, FDD Action calls on the Senate to take up S.Amdt.2198. Like the House version, the Senate amendment would “help deter nefarious actors from exploiting holes in our beneficial ownership regime.”
The NNOAC wrote a letter to the US House of Representatives encouraging a vote of support for House Amendment 1 to the NDAA, previously known as the Corporate Transparency Act.
H.Amdt.1 is “a critical step toward ending the abuse of anonymous shell companies,” Global Witness says in a letter to House leaders Rep. Pelosi and Rep. McCarthy.