Advocates celebrate major US anti-money laundering victory ...Middle East

icij.org - News
Advocates celebrate major US anti-money laundering victory
Landmark laws to thwart the use of U.S. shell companies by terrorists, human traffickers, arms dealers and kleptocrats are set to be enacted after more than a decade of lobbying and politicking with rare bipartisan support. The sweeping anti-money laundering reforms hitched a lift in the annual defense spending bill that passed the Senate 84-13 today, and was approved by the House 355-78 earlier this week. The Corporate Transparency Act requires U.S. companies to report their true owners to the Treasury Department’s Financial Crimes Enforcement Network, known as FinCEN — largely ending anonymous shell companies in the country. The International Consortium of Investigative Journalists has rep

Hence then, the article about advocates celebrate major us anti money laundering victory was published today ( ) and is available on icij.org ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Advocates celebrate major US anti-money laundering victory )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News