N
ow Hiring

    FACT is seeking a Policy Fellow to support its growing portfolio at the intersection of environmental crime and illicit finance. If you're interested in joining a coalition dedicated to tackling dirty money in the U.S. financial system and environmental crimes globally, click here to learn how to apply.

    The State of Play

    Treasury's anti-money laundering regulations for real estate transactions have taken a significant step forward. The Financial Crimes Enforcement Network (FinCEN) has released a draft form that will help identify true beneficiaries of covered real estate transactions, making it harder for bad actors to hide ill-gotten gains in U.S. markets.

    The implementation of these regulations marks a major leap forward for the U.S. anti-money laundering framework, alongside recent progress on ownership transparency for anonymous shell companies and private investment markets. Reporting under Treasury's residential real estate rule will begin on December 1, 2025.

    Latest From FACT

    Blog: The Crypto Industry is Tether-ed to Illicit Finance

    FACT policy fellow Omer Niazi argues that comprehensive anti-money laundering safeguards are necessary for cryptocurrency markets to address growing risks associated with anonymous transactions on decentralized finance platforms.

    Comment Letter: FACT Calls on Lawmakers to Drop Harmful Rider Undermining Tax Transparency Reforms

    FACT urges appropriators to oppose a measure that would deny funding to the nation's accounting standards setter unless it withdraws a long-awaited corporate income tax disclosure rule.

    Recent Events

    UN Financing For Development Side Event: Transparency, Anti-Corruption and Asset Recovery

    FACT executive director Ian Gary spoke at an anti-corruption panel held as part of a preparatory session for the UN's Fourth International Conference on Financing for Development. Gary emphasized the importance of U.S. anti-money laundering reforms in combating global corruption and illicit financial flows.

    From Our Allies

    Anti-Money Laundering Safeguards Must Be Included in Any Final Cryptocurrency Legislation

    A recent letter to congressional leaders from Transparency International U.S. and five other civil society groups calls for substantive anti-money laundering measures for U.S. cryptocurrency markets.

    About the FACT Coalition

    The Financial Accountability and Corporate Transparency (FACT) Coalition is a non-partisan coalition of more than 100 state, national, and international organizations working toward a fair and honest tax system that addresses the challenges of a global economy and promotes policies to combat corrupt financial practices. Visit www.thefactcoalition.org for more information.