Kleptocracy | The FACT Coalition

June 22 Book Launch: “Butler(s) to the World” – Ending Dirty Money in the UK and US

On the occasion of the U.S. publication of investigative journalist Oliver Bullough’s latest book, Butler to the World: How Britain Helps the World’s Worst People Launder Money, Commit Crimes, and Get Away with Anything, the author joined the Financial Accountability and Corporate Transparency (FACT) Coalition, alongside legislators and advocates from the U.S. and U.K., to discuss the problems caused by dirty money in the U.K. and U.S. and how to foster transatlantic competition to crack down on dirty money in both jurisdictions.

Congress Approves Overdue Funds to Boost U.S. Anti-Money Laundering Reforms in Ukraine Aid Package

May 19, 2022

The FACT Coalition applauds the inclusion of $52 million in emergency funds for the U.S. Treasury Department as part of the appropriations package passed today by the U.S. Senate. Today’s vote sends the larger $40 billion Ukraine aid package to the President’s desk to sign into law, and will assist Ukraine in the face of Russia’s illegal invasion.

Now is the Time for the Biden Administration to Crack Down on Money Laundering Tools that Reward Kleptocrats and Encourage Environmental Damage

November 29, 2021

With the global climate summit COP26 just concluded and the Summit for Democracy – with its emphasis on combating corruption – right around the corner, now is the perfect time for activists to bring together the fights against corruption and climate change.

November 17th Panel – American Kleptocracy

Casey Michel’s new book, “American Kleptocracy” (released Nov. 23), is an investigative look into how the U.S. built “the largest illicit offshore finance system the world has ever known” and how this system has “infected American politics, threatened US national security and gouged local communities.”

FACT Coalition Backs Kleptocracy Asset Recovery Rewards Act (H.Amdt.559 to H.R. 6395)

July 15, 2020

In a letter to Representatives Smith and Thornberry, the FACT Coalition endorses inclusion of the Kleptocracy Asset Recovery Rewards Act (H.Amdt.559) in the NDAA. Doing so would represent an important step forward in tackling foreign corruption by incentivizing whistleblower cooperation with the U.S. government.