Read the Miami Herald’s coverage of FACT, the Anti-Corruption Data Collective, and Global Financial Integrity’s new report identifying 25 cases in which $2.6 billion in illicit funds were funneled into U.S. commercial real estate properties.
Tanto el mercado inmobiliario, que representa aproximadamente 50 billones de dólares, como el sector de fondos de inversión, con un valor de 130 billones de dólares, durante décadas no se vieron alcanzados por las normas contra el lavado de dinero en Estados Unidos
FACT submitted comments this week praising a pair of proposed rules by Treasury which would close long standing loopholes used by foreign and domestic criminals to launder money through U.S. residential real estate and private investment markets.
The Treasury has appealed a recent federal court ruling finding the landmark Corporate Transparency Act unconstitutional, as urged by FACT and other transparency advocates.
Congress must move quickly to increase support for the Financial Crimes Enforcement Network, the bureau of Treasury responsible for implementing some of the most significant updates to U.S. anti-money laundering laws in decades.
Read FACT’s official statement for the record highlighting the critical work of Treasury’s Financial Crimes Enforcement Network, including its ongoing efforts to implement the Corporate Transparency Act and finalize strong rules curbing money laundering through U.S. real estate and private investment markets.
