Financial Accountability and Corporate Transparency (FACT) Coalition
EVENT INVITATION FOR: December 2, 2021
Contact: Christopher Boose, [email protected]

*11am-12 PM EST, Thursday, December 2*

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REPORT LAUNCH: "Private Investments, Public Harm: How the Opacity of the Massive U.S. Private Investment Industry Fuels Corruption and Threatens National Security"
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The FACT Coalition, Global Financial Integrity, and Transparency International-U.S. Office invite you to the launch of their new joint report revealing how the opacity of the massive U.S. private investment industry fuels corruption and threatens U.S. national security.

Thursday, December 2 – 11a.m.-12:00 p.m. EST

Click HERE to Register [[link removed]]


On the eve of the Summit for Democracy, a new report – "Private Investments, Public Harm: How the Opacity of the Massive U.S. Private Investment Industry Fuels Corruption and Threatens National Security" – reveals a gaping hole in the U.S. anti-money laundering framework that undermines U.S. national security, jeopardizes the world's democracies, and touches the lives of ordinary Americans.

The Pandora Papers have again exposed how U.S. financial secrecy makes the country a magnet for the world's illicit finance. Though U.S. policymakers have tried before to bring the private investment industry – private equity, hedge funds, and others – under the purview of U.S. anti-money laundering regulations, the recent revelations of a leaked 2020 FBI memo and the new elevation of anti-corruption as a core U.S. national security interest demand further action by the current administration to inject greater transparency into a more than $11 trillion industry.

Join this event to understand the confluence of factors that makes the United States private investment industry an attractive place to hide illicit funds, become familiar with case studies showing how this sector has been abused, and what the United States government can do to mitigate the U.S. financial role in fueling corruption and undermining international democracy.


REGISTER HERE [[link removed]]

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About the FACT Coalition

The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan alliance of more than 100 state, national, and international organizations working toward a fair and honest tax system that addresses the challenges of a global economy and promoting policies to combat the harmful impacts of corrupt financial practices.

For more information, visit www.thefactcoalition.org


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