Treasury Reopens the Floodgates to Dirty Money in the U.S.
The Treasury Department’s decision to limit reporting requirements under the landmark Corporate Transparency Act to only foreign entities is a boon for fentanyl traffickers, domestic criminals, and tax cheats.
Latest News
U.S. Court of Appeals Upholds Landmark Anti-Money Laundering Law
On December 16, the U.S. Court of Appeals for the 11th Circuit upheld the constitutionality of the Corporate Transparency Act, the most significant new federal anti-money laundering law in a generation.
Ambitious New U.K. Anti-Corruption Strategy Provides Sharp Contrast to U.S. Backsliding in Global Dirty Money Fight
The U.K. government’s renewed focus on the fight against corruption as a key component of the nation’s economic and national security stands in stark contrast to the current situation in the U.S., where core pillars of the anti-money laundering and anti-bribery frameworks have been dismantled.
Ian Gary Named to International Tax Review’s Global Tax 50
Ian Gary and “his FACT Coalition colleagues have worked diligently in 2025 to illustrate that US shareholders actually support tax transparency initiatives as a means of risk mitigation, in contrast to what the US portrays on a geopolitical level.”
FACT Urges Veto of Puerto Rican Senate Bill 63
December 10, 2025 | Comment Letters
Read FACT’s official comments submitted to Governor González-Colón urging the veto of a bill that would weaken Puerto Rico’s access-to-information framework.