FACT urges Treasury to heed the calls of law enforcement, national security, and other experts by fully implementing the Corporate Transparency Act in accordance with congressional intent and the plain language of the law.
Prioritizing small scale, politicized anti-money laundering policies over meaningful structural reforms will do little to protect Americans from the impacts of illegal drug trafficking, writes FACT program director for environmental crime and illicit finance Julia Yansura.
Read the new letter from FACT and Transparency International U.S. urging Treasury to meet its statutory deadline for important aligning regulations required under the Corporate Transparency Act.
Dos reglamentaciones finales del Tesoro de EE.UU. ponen fin a lagunas jurídicas que desde hace tiempo aprovechan los delincuentes financieros para blanquear dinero a través del mercado inmobiliario residencial y el de inversión privada en Estados Unidos.
An initial review of two new Treasury rulemakings points to a strong set of reforms that close major loopholes long-decried by FACT members and other AML experts as easy avenues for financial criminals to hide ill-gotten gains in U.S. markets.
FACT welcomes a pair of groundbreaking final U.S. Treasury regulations closing long-standing loopholes used by financial criminals to launder money through U.S. residential real estate and private investment markets.
