An historic anti-corruption measure ending anonymous companies in the United States became law on Friday, capping a more than decade-long campaign by transparency advocates.
By a veto-proof majority, the U.S. Senate passed historic legislation to end anonymous companies, capping a week that included both International Anti-Corruption Day and International Human Rights Day, sending the measure to the White House to be signed into law.
The FACT Coalition held a press call with Senator Brown as historic passage of bipartisan bill banning anonymous shell companies nears.
By a veto-proof margin, the House of Representatives passed legislation ending anonymous companies on the eve of International Anti-Corruption Day, teeing up final Senate passage.
FACT sent a letter on the eve of the final NDAA vote urging to congressional leaders to pass beneficial ownership reforms before the end of the year.
The FACT Coalition joined Congresswoman Maloney at a press conference to applaud the Corporate Transparency Act’s inclusion in the National Defense Authorization Act, a must pass bill that is expected on the House floor this week.