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…

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  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 …

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  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…

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  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…

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  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…

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  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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  Thomas Georges · [email protected]

March 24, 2023 at 2:11 PM

Corporate Transparency Act Implementation At Risk as Treasury Weighs Ownership Reporting Forms

March 24, 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…

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  The FACT Coalition · [email protected]

March 23, 2023 at 6:46 PM

Anti-Corruption Advocates Urge Treasury to Appoint a Permanent Director to Lead the Nation’s Financial Crime Fighters

FOR IMMEDIATE RELEASE:March 23, 2023Read this release on our website Anti-Corruption Advocates Urge Treasury to Appoint a Permanent Director to Lead the Nation’s Financial Crime Fighters Financial Crimes Enforcement Network Needs Empowered Leadership to Take on Dirty Money in the U.S. Washington…

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  The FACT Coalition · [email protected]

March 21, 2023 at 2:14 PM

FACT Coalition Calls on U.S. Treasury To Overhaul Draft Form with Potential to Gut Landmark Transparency Law

FOR IMMEDIATE RELEASE:March 21, 2023Read this release on our website FACT Coalition Calls on U.S. Treasury To Overhaul Draft Form with Potential to Gut Landmark Transparency Law Unprecedented Fields May Render The Corporate Transparency Act’s Reporting Regime Optional Washington, D.C. – The Fina…

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  The FACT Coalition · [email protected]

March 9, 2023 at 7:22 PM

Nation’s Financial Crime Fighters Poised For Needed Boost in President’s New Budget

FOR IMMEDIATE RELEASE:March 9, 2023  CONTACT: Erica Hanichak, [email protected] Nation’s Financial Crime Fighters Poised For Needed Boost in President’s New BudgetDiscretionary Budget Request Represents 20 Percent Increase for Financial Crimes Enforcement Network WASHINGTON, DC – To…

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  Thomas Georges · [email protected]

March 7, 2023 at 1:59 PM

Reminder (Friday, March 10): RSVP for Advancing the Fight for Gender Justice through Tax Justice

RSVP HERE FACT will be hosting a hybrid in-person/virtual panel discussion on Friday, March 10 from 12pm-1:30pm EST titled Advancing the Fight for Gender Justice through Tax Justice: Perspectives from Africa and the U.S.  The event will be co-hosted by the Global Alliance for Tax Justice and the…

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  Patricia Ainembabazi · [email protected]

March 6, 2023 at 4:22 PM

FACT-endorsed Tax Transparency Bill Reintroduced, FATF Suspends Russia, FACT is Hiring! – Just the FACTs 3/6/23

March 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 Patric…

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  The FACT Coalition · [email protected]

March 2, 2023 at 10:45 PM

FACT Welcomes Reintroduction of Legislation to Shine a Light on Corporate Tax Dodging Practices

FOR IMMEDIATE RELEASE:March 2, 2023Read this release on our website FACT Welcomes Reintroduction of Legislation to Shine a Light on Corporate Tax Dodging Practices Bill Would Require Public Country-by-Country Reporting for Multinationals WASHINGTON, DC – The Financial Accountability and Corporat…

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  Ian Gary · [email protected]

March 1, 2023 at 8:45 PM

(March 10) RSVP - Advancing the Fight for Gender Justice through Tax Justice: Perspectives from Africa and the U.S.

FACT will be hosting a panel discussion and learning exchange at 12pm on Friday, March 10 with the Global Alliance for Tax Justice (GATJ) and the Nawi-Afrifem Macroeconomics Collective, titled Advancing the Fight for Gender Justice through Tax Justice: Perspectives from Africa and the U.S. This …

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  Patricia Ainembabazi · [email protected]

February 16, 2023 at 9:44 PM

Major Weaknesses in Treasury Draft Rule Could Seriously Undermine Effectiveness of Landmark Transparency Law

February 16, 2022“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 Pa…

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  The FACT Coalition · [email protected]

February 15, 2023 at 2:53 PM

FACT Urges Treasury Department To Make Critical Improvements to Draft Regulation to Implement Corporate Transparency Act

FOR IMMEDIATE RELEASE:February 15, 2023Read this release on our website FACT Coalition Urges Treasury Department To Make Critical Improvements to Draft Regulation to Implement Landmark Corporate Transparency ActImportant Changes to FinCEN’s Proposed Rule on Access to Beneficial Ownership Informa…

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  Patricia Ainembabazi · [email protected]

January 27, 2023 at 3:46 PM

FinCEN Alert on Sanctions Evasion Demonstrates Need for Regulatory Action in Commercial Real Estate: Just the FACTs

January 27, 2022“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 Pat…

See More from Patricia Ainembabazi

  Patricia Ainembabazi · [email protected]

January 12, 2023 at 8:49 PM

Treasury Announces Timeline for New Rule Cracking Down on Money Laundering Through US Real Estate: Just the FACTs

January 12, 2022“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 Pat…

See More from Patricia Ainembabazi

  The FACT Coalition · [email protected]

December 21, 2022 at 4:35 PM

Microsoft, Cisco Shareholder Votes Demonstrate Increasing Investor Demand for Tax and Offshore Transparency

FOR IMMEDIATE RELEASE:December 21, 2022Read this release on our website CONTACT: Ryan Gurule, [email protected], Cisco Shareholder Votes Demonstrate Increasing Investor Demand for Tax and Offshore Transparency Investors Representing More Than $305 Billion Back Public Reportin…

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  Patricia Ainembabazi · [email protected]

December 16, 2022 at 5:06 PM

Treasury Releases Second Draft Rule to Implement the Corporate Transparency Act: Just the FACTs

December 16, 2022“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 Pa…

See More from Patricia Ainembabazi

  Thomas Georges · [email protected]

December 15, 2022 at 4:17 PM

FACT Welcomes Treasury Department Proposal to Advance Implementation of the Corporate Transparency Act

FOR IMMEDIATE RELEASE:December 15, 2022FACT Welcomes Treasury Department Proposal to Advance Implementation of the Corporate Transparency Act United States One Step Closer to Empowering Law Enforcement, Others to Detect, Flag, and Prevent Financial Crimes Washington, D.C. – The Financial Account…

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  Thomas Georges · [email protected]

December 13, 2022 at 4:25 PM

European Union Paves the Way on Global Corporate Minimum Tax

FOR IMMEDIATE RELEASE: December 13, 2022 Read this release on our website European Union Paves the Way on Global Corporate Minimum Tax United States Now Must Address Unfinished International Tax Reform Efforts WASHINGTON, DC – Following a political agreement reached unanimously last night in the …

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  Thomas Georges · [email protected]

December 8, 2022 at 9:23 PM

SEC Should Require Increased Tax Transparency for U.S.-Listed Multinationals, FACT Coalition Tells Investor Committee

FOR IMMEDIATE RELEASE: December 8, 2022 Securities and Exchange Commission Should Require Increased Tax Transparency for U.S.-Listed Multinationals, FACT Coalition Tells Investor Committee International Momentum for Improved Financial Disclosures Demands SEC Action to Protect Investors WASHINGTON…

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  The FACT Coalition · [email protected]

December 6, 2022 at 8:55 PM

White House Announces "Full Support" for the ENABLERS Act at Anti-Corruption Conference

FOR IMMEDIATE RELEASE: December 6, 2022 View this statement on our website White House Announces “Full Support” for Critical Bipartisan Anti-Money Laundering Reform Bill at Anti-Corruption Conference Congress Must Now Pass the ENABLERS Act by the End of the Year Washington, D.C. - The Financial A…

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  Patricia Ainembabazi, the FACT Coalition · [email protected]

December 2, 2022 at 3:58 PM

New Shareholder Resolutions Turn Up Pressure for Country-by-Country Reporting from U.S. Oil Giants: Just the FACTs

December 2, 2022   “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 the laundering of money through the financial system. Send feedback or items for future newsletter…

See More from Patricia Ainembabazi, the FACT Coalition

  Patricia Ainembabazi, the FACT Coalition · [email protected]

November 18, 2022 at 4:20 PM

Bipartisan support for the ENABLERS Act continues to surge with dozens of new endorsements: Just the FACTs

November 18, 2022   “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 the laundering of money through the financial system. Send feedback or items for future newslet…

See More from Patricia Ainembabazi, the FACT Coalition

  Patricia Ainembabazi, FACT Coalition · [email protected]

November 3, 2022 at 8:39 PM

Australian Treasury Advances Public Country-By-Country Reporting: Just the FACTs

November 3, 2022   “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 the laundering of money through the financial system. Send feedback or items for future newslett…

See More from Patricia Ainembabazi, FACT Coalition

  Patricia Ainembabazi, FACT Coalition · [email protected]

October 20, 2022 at 9:28 PM

Key Anti-Money Laundering Legislation Heads to Conference: Just the FACTs

October 20, 2022   “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 the laundering of money through the financial system.   Send feedback or items for future newslett…

See More from Patricia Ainembabazi, FACT Coalition

  Patricia Ainembabazi, FACT Coalition · [email protected]

October 7, 2022 at 3:22 PM

Treasury Moves Forward with Beneficial Ownership Database: Just the FACTs

October 7, 2022   “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 the laundering of money through the financial system.   Send feedback or items for future newslett…

See More from Patricia Ainembabazi, FACT Coalition

  Erica Hanichak, the FACT Coalition · [email protected]

October 3, 2022 at 8:54 PM

Bipartisan Bill Cracking Down on American Enablers of Money Laundering Introduced in U.S. Senate

FOR IMMEDIATE RELEASE: October 3, 2022 Bipartisan Bill Cracking Down on American Enablers of Money Laundering Introduced in U.S. Senate FACT Applauds Major Step for U.S. Anti-Corruption Efforts and Urges Act’s Inclusion in Must-Pass Defense Bill Washington, DC –The Financial Accountability and Co…

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  Erica Hanichak, the FACT Coalition · [email protected]

September 29, 2022 at 1:59 PM

The FACT Coalition Welcomes First Final Rule to Implement Landmark Corporate Transparency Act

FOR IMMEDIATE RELEASE: September 29, 2022 The FACT Coalition Welcomes First Final Rule to Implement Landmark Corporate Transparency Act Treasury Department Takes Important Step Towards Affirming U.S. Leadership on Combating Global Money Laundering and Corruption Washington, DC – Today, the Financ…

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  Patricia Ainembabazi, FACT Coalition · [email protected]

September 27, 2022 at 9:29 PM

New Sentry Report Details How Bankers, Lawyers, and Accountants Enable Global Corrupt Networks: "The Enablers Fueling Global Co

Here’s the State of Play: New Sentry Report Details How Bankers, Lawyers, and Accountants Enable Global Corrupt Networks:  “The Enablers Fueling Global Corruption and Building Violent Kleptocracies” The Sentry, a member of the FACT Coalition, published a report on September 21 describ…

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  Erica Hanichak, the FACT Coalition · [email protected]

September 20, 2022 at 3:37 PM

Treasury Testimony Underscores Need for U.S. Action to Shut the Door on Illicit Russian Funds

FOR IMMEDIATE RELEASE: September 20, 2022 Treasury Testimony Underscores Need for U.S. Action to Shut the Door on Illicit Russian Funds Washington, DC - Today, Elizabeth Rosenberg, Assistant Secretary for Terrorist Financing and Financial Crimes at the U.S. Department of the Treasury, and Andrew …

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  Patricia Ainembabazi, FACT Coalition · [email protected]

September 8, 2022 at 10:02 PM

Germany leads the EU to implement the 15% Global Minimum Tax

September 8, 2022   “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 the laundering of money through the financial system.   Send feedback or items for future newsle…

See More from Patricia Ainembabazi, FACT Coalition

  Patricia Ainembabazi, FACT Coalition · [email protected]

August 24, 2022 at 8:44 PM

Congress Finally Stands up to Tax Dodgers, but International Tax Loopholes Persist | Just the FACTs -August 24

August 24, 2022   “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 the laundering of money through the financial system.   Send feedback or items for future newslette…

See More from Patricia Ainembabazi, FACT Coalition

  Patricia Ainembabazi, the FACT Coalition · [email protected]

August 9, 2022 at 6:14 PM

Revenue Raisers in IRA Better Position U.S. for Ending Tax Dodging by Multinationals, But Much Left to Do: Just the FACTs

August 9, 2022   “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 the laundering of money through the financial system.   Send feedback or items for future newslett…

See More from Patricia Ainembabazi, the FACT Coalition

  Ryan Gurule, the FACT Coalition · [email protected]

August 8, 2022 at 5:21 PM

Inflation Reduction Act Now, International Tax Reform Tomorrow

FOR IMMEDIATE RELEASE: August 8, 2022 Inflation Reduction Act Now, International Tax Reform Tomorrow Revenue Raisers in Inflation Reduction Act Better Position U.S. for Ending Tax Dodging by Multinational Enterprises WASHINGTON, DC – The Financial Accountability and Corporate Transparency (FACT) …

See More from Ryan Gurule, the FACT Coalition