In January, FACT, TI-US, and GFI held a press briefing detailing the Coalition’s main policy areas to watch in 2024, including imminent actions by Treasury addressing money laundering risks through U.S. real estate and private investment markets, as well as new work at the intersection of environmental and financial crime.
FACT Executive Director Ian Gary reflects on the policy victories, new Coalition members, media hits, and emerging issues that defined FACT’s 2023, and turns an eye to the year ahead.
A former top Treasury official laid out the case for public country-by-country reporting requirements for U.S. multinationals at a recent Senate Budget Committee hearing, and a long-awaited rule introducing anti-money laundering responsibilities for investment advisors is now under regulatory review.
UN Development Dialogue highlights growing momentum for public country-by-country reporting, Canada passes public beneficial ownership reporting requirements, and the UN votes to begin international tax reform negotiations.
FACT executive director Ian Gary joined experts and allies from Oxfam America, Tax Justice Network Africa, UNDP, and the Australian and Nigerian governments for a panel on global tax transparency as a part of the UNDP’s Dialogue on Tax and SDGs in New York.
In her debut blog, FACT policy director Zorka Milin details how the ongoing Microsoft profit shifting dispute makes a clear case for greater tax transparency requirements for major multinationals.
