Thomas Georges · [email protected]

August 29, 2024 at 8:02 PM

Heeding Calls from FACT and Other Experts, Treasury Releases Long-Awaited Final AML Regulations: Just the FACTs 8/29/24

August 29, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

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  The FACT Coalition · [email protected]

August 28, 2024 at 1:46 PM

FACT Applauds Landmark Anti-Money Laundering Safeguards for U.S. Real Estate, Private Investment Markets

FOR IMMEDIATE RELEASE:August 28, 2024 Read this release on our website FACT Applauds Landmark Anti-Money Laundering Safeguards for U.S. Real Estate, Private Investment MarketsLong-Awaited Final Rules Represent Dramatic Improvements to U.S. Anti-Money Laundering Framework WASHINGTON, DC – On Wedn…

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  Erica Hanichak · [email protected]

August 7, 2024 at 3:38 PM

Senate Budget Bill Includes Crucial New Funding for Nation’s Financial Crime Fighters

FOR IMMEDIATE RELEASE:August 7, 2024Read this release on our website Senate Budget Bill Includes Crucial New Funding for Nation’s Financial Crime FightersIncreased Appropriations Would Support Implementation of Long-Overdue Anti-Money Laundering Initiatives WASHINGTON, DC – A proposed spending …

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  Thomas Georges · [email protected]

August 1, 2024 at 8:48 PM

Investors with $2.3T in Assets Call for Enhanced Tax Transparency, Treasury to Finalize New AML Rules in August: Just the FACTs 8/1/24

August 1, 2024 “Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Tho…

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  The FACT Coalition · [email protected]

July 31, 2024 at 5:50 PM

Investors with $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency

FOR IMMEDIATE RELEASE:July 31, 2024Read this release on our website Investors with More than $2.3 Trillion in Assets Demand SEC Rulemaking to Require Greater Multinational Tax Transparency 87 Investors Call on Regulators to Require Public Country-by-Country Reporting for U.S.-Listed Multination…

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  The FACT Coalition · [email protected]

July 30, 2024 at 1:16 PM

FACT Applauds Announcement of Intergovernmental Initiative to Combat Illicit Finance and Nature Crimes

FOR IMMEDIATE RELEASE:July 30, 2024Read this release on our website FACT Applauds Announcement of Intergovernmental Initiative to Combat Illicit Finance and Nature Crimes  New Capacity Building and Information Sharing Efforts Will Help Protect the Amazon WASHINGTON, DC – The Financial Accountab…

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  The FACT Coalition · [email protected]

July 23, 2024 at 1:15 PM

FACT Welcomes Proposal Introducing New Anti-Money Laundering Requirements for Investment Advisers

FOR IMMEDIATE RELEASE:July 23, 2024Read this release on our website FACT Welcomes Proposal Introducing New Anti-Money Laundering Requirements for Investment Advisers Customer Identification Proposal Serves National Security, Law Enforcement Purpose and is Consistent with Requirements for Other …

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  Thomas Georges · [email protected]

June 25, 2024 at 3:56 PM

FACT Calls on Congress to Eliminate Wasteful Corporate Tax Break, Supreme Court Issues Landmark Tax Ruling: Just the FACTs 6/25/24

June 25, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thoma…

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  Thomas Georges · [email protected]

May 23, 2024 at 1:31 PM

FACT Releases Multinational Corporate Tax Policy Platform for 2025: Just the FACTs 5/23/24

May 23, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas G…

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  Thomas Georges · [email protected]

May 9, 2024 at 4:58 PM

FACT, Allies Release New Report on Money Laundering Through Commercial Real Estate: Just the FACTs 5/9/24

May 9, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas Ge…

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  Thomas Georges · [email protected]

April 18, 2024 at 6:54 PM

FACT Applauds Treasury’s Move to Close Decades-Old Money Laundering Loopholes: Just the FACTs 4/18/24

April 18, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

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  The FACT Coalition · [email protected]

April 16, 2024 at 9:36 PM

FACT Joins Chorus of Support for Treasury’s Landmark Proposed Anti-Money Laundering Safeguards

FOR IMMEDIATE RELEASE:April 16, 2024Read this release on our website FACT, Allies Join Chorus of Support for Treasury’s Proposed Landmark Anti-Money Laundering Safeguards New Draft Rules Cracking Down on Dirty Money in U.S. Real Estate and Private Investment Markets Mark Generational Progress WA…

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  Thomas Georges · [email protected]

March 28, 2024 at 4:54 PM

Treasury Appeals Erroneous Federal Court Ruling: Just the FACTs 3/28/24

March 28, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

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  The FACT Coalition · [email protected]

March 11, 2024 at 6:14 PM

President’s Budget Boosts Funds for Nation’s Financial Crime Fighters

FOR IMMEDIATE RELEASE:March 11, 2024Read this release on our website President’s Budget Boosts Funds for Nation’s Financial Crime Fighters Request Provides $216 Million for the Financial Crimes Enforcement Network WASHINGTON, DC – Today, the White House released its discretionary budget request …

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  Thomas Georges · [email protected]

March 8, 2024 at 3:48 PM

Treasury Department Continues to Collect Ownership Information Following Court Ruling: Just the FACTs 3/7/24

March 8, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas …

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  The FACT Coalition · [email protected]

March 4, 2024 at 4:59 PM

District Court Ruling Undermines U.S. Fight Against Dirty Money

FOR IMMEDIATE RELEASE:March 4, 2024Read this release on our website District Court Ruling Undermines U.S. Fight Against Dirty Money Court Decision Sets Back Full Implementation of Corporate Transparency Act WASHINGTON, DC – On Friday, March 1, a federal district judge in Alabama issued an opinio…

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  The FACT Coalition · [email protected]

February 13, 2024 at 2:26 PM

FACT Welcomes Draft Anti-Money Laundering Regulations for Investment Advisers

FOR IMMEDIATE RELEASE:February 13, 2024Read this release on our websiteFACT Welcomes Draft Anti-Money Laundering Regulations for Investment Advisers Proposed Rule Builds Upon Wave of Recent Momentum for U.S. Anti-Corruption ReformsWASHINGTON, DC – The Financial Accountability and Corporate Transp…

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  Thomas Georges · [email protected]

February 9, 2024 at 5:54 PM

Treasury Releases Draft Rule on Real Estate Money Laundering: Just the FACTs 2/9/24

February 9, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system.Send feedback or items for future newsletters to Thomas…

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  The FACT Coalition · [email protected]

February 7, 2024 at 3:07 PM

FACT Applauds Release of Draft Rule Tackling Dirty Money in U.S. Real Estate Markets

FOR IMMEDIATE RELEASE:February 7, 2024Read this release on our website FACT Applauds Release of Draft Rule Tackling Dirty Money in U.S. Real Estate Markets Proposed Rule Closing Decades-Old Anti-Money Laundering Loophole Marks Major Milestone in the Fight Against Global Corruption WASHINGTON, DC…

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  Thomas Georges · [email protected]

January 18, 2024 at 8:53 PM

Senate Hearing Outlines Need for Greater Tax Transparency, Private Investment Draft Rule Heads to OIRA

January 18, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thom…

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  Thomas Georges · [email protected]

January 8, 2024 at 5:02 PM

U.S. Beneficial Ownership Reporting Begins, FEPA Signed Into Law: Just the FACTs 1/8/24

January 8, 2024“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thoma…

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  The FACT Coalition · [email protected]

December 21, 2023 at 3:59 PM

FACT Welcomes Release of Final Access Rule to Implement the Corporate Transparency Act

FOR IMMEDIATE RELEASE:December 21, 2023Read this release on our website FACT Welcomes Release of Final Access Rule to Implement the Corporate Transparency Act Treasury Now Set to Begin Collecting Information on True Owners of Anonymous Companies in January WASHINGTON, DC – Today, the Financial A…

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  The FACT Coalition · [email protected]

December 12, 2023 at 3:27 PM

Treasury Updates Timeline for Key Anti-Money Laundering Measures as Anti-Corruption Summit Begins

FOR IMMEDIATE RELEASE:December 12, 2023Read this release on our website Treasury Updates Timeline for Key Anti-Money Laundering Measures as Anti-Corruption Summit Begins Draft Regulations Tackling Dirty Money in U.S. Real Estate, Private Investment Markets Now Expected in Early 2024 WASHINGTON, …

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  The FACT Coalition · [email protected]

December 6, 2023 at 3:35 PM

Bipartisan Bill Would Give U.S. Prosecutors New Tools to Combat Nature Crime

FOR IMMEDIATE RELEASE:December 6, 2023Read this release on our website Bipartisan Bill Would Give U.S. Prosecutors New Tools to Combat Nature Crime The FOREST Act Would Make Illegal Deforestation a Predicate Offense for Money Laundering WASHINGTON, DC – Today, the Financial Accountability and Co…

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  Thomas Georges · [email protected]

November 30, 2023 at 5:15 PM

UN Panel Event on Tax Transparency, Canada Passes Public Beneficial Ownership Law: Just the FACTs 11/30/23

November 30, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Tho…

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  The FACT Coalition · [email protected]

November 17, 2023 at 6:14 PM

FACT, Allies Make the Case at UN for Enhanced Tax Transparency Measures

FOR IMMEDIATE RELEASE:November 17, 2023Read this release on our website FACT, Allies Make the Case at UN for Enhanced Tax Transparency Measures to Meet Sustainable Development Goals UN Panel Outlines the Need for Public Country-by-Country Reporting of Tax Data by Major Multinational Businesses W…

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  Thomas Georges · [email protected]

November 3, 2023 at 3:43 PM

FACT Launches New Environmental Crimes Report, UK Passes Sweeping New AML Package: Just the FACTs 11/3/23

November 3, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thom…

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  The FACT Coalition · [email protected]

October 26, 2023 at 4:25 PM

US Financial Secrecy Fuels Illicit Financial Flows from Environmental Crimes, New Report Finds

FOR IMMEDIATE RELEASE:October 26, 2023Read this release on our website US Financial Secrecy Fuels Illicit Financial Flows from Environmental Crimes, New Report Finds FACT Coalition Issues Report Analysing US’s Role in Fostering Environmental Crimes WASHINGTON, DC – As perhaps the easiest place t…

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  The FACT Coalition · [email protected]

October 10, 2023 at 7:09 PM

RSVP: FACT Coalition Report Launch - Dirty Money and the Destruction of the Amazon

FACT Coalition Report Launch - Dirty Money and the Destruction of the Amazon Register now for the in-person and online launch of the Financial Accountability and Corporate Transparency (FACT) Coalition’s new report analyzing the linkages between U.S. financial secrecy and environmental crimes in…

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  Thomas Georges · [email protected]

October 6, 2023 at 4:16 PM

Treasury Releases Improved Beneficial Ownership Reporting Form: Just the FACTs 10/6/23

October 6, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thoma…

See More from Thomas Georges

  The FACT Coalition · [email protected]

October 2, 2023 at 4:27 PM

RSVP: FACT Coalition Report Launch - Dirty Money and the Destruction of the Amazon

FACT Coalition Report Launch - Dirty Money and the Destruction of the Amazon Register now for the in-person and online launch of the Financial Accountability and Corporate Transparency (FACT) Coalition’s new report analyzing the linkages between U.S. financial secrecy and environmental crimes in…

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  Thomas Georges · [email protected]

September 22, 2023 at 7:38 PM

Corporate Transparency Act Inches Closer to Full Implementation: Just the FACTs 9/22/23

September 22, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Th…

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  Thomas Georges · [email protected]

September 7, 2023 at 7:32 PM

FASB Advances U.S. Tax Transparency, Treasury to Delay Ownership Reporting for New Entities

September 7, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Tho…

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  The FACT Coalition · [email protected]

August 31, 2023 at 4:34 PM

U.S. Accounting Standard-Setters Unanimously Approve New Tax Transparency Measures

FOR IMMEDIATE RELEASE:August 31, 2023Read this release on our website U.S. Accounting Standard-Setters Unanimously Approve New Tax Transparency Measures Approved Proposal will Dramatically Improve Disclosures Surrounding the Global Tax Practices of U.S. Multinationals WASHINGTON, DC – The FACT C…

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  Thomas Georges · [email protected]

July 20, 2023 at 3:47 PM

House Hearing Puts Beneficial Ownership Implementation on Center Stage: Just the FACTs 7/20/23

July 20, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas …

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  The FACT Coalition · [email protected]

July 13, 2023 at 4:19 PM

Treasury Names Director to Lead Financial Crime Fighting Bureau

FOR IMMEDIATE RELEASE:July 13, 2023Read this release on our website Treasury Names Director to Lead Financial Crime Fighting Bureau Permanent Leadership Will Empower Financial Crimes Enforcement Network to Better Safeguard U.S. Financial System WASHINGTON, DC –  Today, the U.S. Treasury Departm…

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  The FACT Coalition · [email protected]

July 11, 2023 at 8:45 PM

FACT Urges Australia to Resist Pressure for Further Changes to Key Tax Transparency Law

FOR IMMEDIATE RELEASE:July 11, 2023Read this release on our website FACT Urges Australia to Resist Pressure for Further Changes to Key Tax Transparency Law Pushback From Large Corporations, OECD Should Not Further Delay Implementation of Public Country-by-Country Reporting Washington, DC – The A…

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  Thomas Georges · [email protected]

June 29, 2023 at 6:34 PM

NYS Passes Public Beneficial Ownership Bill, Australia Delays Public Country-by-Country Reporting: Just the FACTs

June 29, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

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  The FACT Coalition · [email protected]

June 22, 2023 at 3:41 PM

Proposed FinCEN Cuts Threaten to Undermine U.S. Anti-Money Laundering Goals, National Security

FOR IMMEDIATE RELEASE:June 22, 2023Read this release on our website Proposed Cuts to Financial Crime Fighters Threaten to Undermine U.S. Anti-Money Laundering Goals, National Security New Appropriations Bill would Slash Funding for Nation’s Financial Intelligence Unit and Sanctions Office by a C…

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  Thomas Georges · [email protected]

June 20, 2023 at 4:09 PM

Biden Administration Updates Timeline for Critical Anti-Money Laundering Rulemakings: Just the FACTs 6/20/23

June 20, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

See More from Thomas Georges

  The FACT Coalition · [email protected]

June 2, 2023 at 5:38 PM

Shareholder Votes at Major U.S. Multinationals Demonstrate Rising Tide of Support for Tax Transparency

FOR IMMEDIATE RELEASE:June 2, 2023Read this release on our website Rising Tide of Support for Tax Transparency at Major U.S. Multinational Extractive, Tech Companies Demonstrated Through Shareholder Votes Resolutions Calling for Public Reporting of Tax and Operational Data from ExxonMobil, Chevr…

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  Thomas Georges · [email protected]

June 1, 2023 at 5:54 PM

Shareholder Votes Show Progress on Tax Transparency, FACT Submits Comments to FASB: Just the FACTs 6/1/23

June 1, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas …

See More from Thomas Georges

  The FACT Coalition · [email protected]

May 11, 2023 at 8:24 PM

New Analysis Shows Investors Representing $10T Support Greater Tax Transparency for Large Multinationals

FOR IMMEDIATE RELEASE:May 11, 2023Read this release on our website New Analysis Shows Investors Representing $10T Support Greater Tax Transparency for Large Multinationals Senate Hearing Underlines Need for U.S. Securities and Exchange Commission Action on Public Country-by-Country Reporting WAS…

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  Thomas Georges · [email protected]

May 4, 2023 at 5:36 PM

House Hearing Highlights FinCEN Funding Needs, FACT Supports Australian Tax Transparency Draft Legislation: Just the FACTs 5/4/23

May 4, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas G…

See More from Thomas Georges

  The FACT Coalition · [email protected]

May 2, 2023 at 2:48 PM

FACT Submits Comments Supporting Australian Government’s Groundbreaking Tax Transparency Draft Legislation

FOR IMMEDIATE RELEASE:May 2, 2023Read this release on our website FACT Supports Australian Government’s Groundbreaking Tax Transparency Draft Legislation Proposal Could Turbocharge Revolution in Global Tax Reporting Standards Washington, DC – The Financial Accountability and Corporate Transparen…

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  The FACT Coalition · [email protected]

April 27, 2023 at 9:17 PM

Top Treasury Officials Outline Actions to Take On Financial Crime In Congressional Testimony

FOR IMMEDIATE RELEASE:April 27, 2023 Top Treasury Officials Outline Actions to Take On Financial Crime In Congressional TestimonyTestimony Reinforces the Need for Additional Funding For Nation’s Financial Crime Fighters WASHINGTON, DC – Just weeks after Treasury Secretary Janet Yellen repeated …

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  Thomas Georges · [email protected]

April 20, 2023 at 4:52 PM

Australia Introduces PCbCR Legislation, FACT Files Amicus Brief in Defense of the CTA: Just the FACTs 4/20/23

April 20, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thoma…

See More from Thomas Georges

  Thomas Georges · [email protected]

April 6, 2023 at 5:25 PM

Treasury Outlines Upcoming AML Actions, FinCEN to Reissue Flawed Reporting Form: Just the FACTs 4/6/23

April 6, 2023“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas…

See More from Thomas Georges

  The FACT Coalition · [email protected]

April 6, 2023 at 2:09 PM

FACT Applauds Australia’s Introduction of Groundbreaking Tax Transparency Legislation with Global Reach

FOR IMMEDIATE RELEASE:April 6, 2023Read this release on our website FACT Applauds Australia’s Introduction of Groundbreaking Tax Transparency Draft Legislation with Global Reach Some U.S. Corporations Would Report Under Draft Australian Legislation Requiring Multinationals to Publish Tax and Ope…

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  The FACT Coalition · [email protected]

March 28, 2023 at 6:19 PM

Global Civil Society Groups Turn Up the Pressure on U.S. Treasury to Tackle Dirty Money and Financial Secrecy at Home

FOR IMMEDIATE RELEASE:March 28, 2023Read this release on our website Global Civil Society Groups Turn Up the Pressure on U.S. Treasury to Tackle Dirty Money and Financial Secrecy at Home New Letter Calls on Biden Administration to Demonstrate International Leadership Through Domestic Anti-Money …

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