Experts and regulators responded to #FinCENFiles with calls to end the easy creation of “anonymous” companies as a first step to stem the global flow of dirty money. U.S. bills that are currently in Congress aim to do just that.
Bills to require U.S. companies to disclose their owner(s) to are before both chambers of Congress and have the support of the Trump administration. This reform could curb “anonymous” companies that help criminals transfer money. #FinCENFiles
6 money laundering reforms that experts say need to happen right now. Lessons from the "FinCEN files"