U.S. lawmakers and officials disclosed plans to prevent kleptocrats from embezzling and moving funds globally in the coming months, including through strong implementation and enforcement of a new federal requirement for legal entities to identify their true owners.
The Financial Crimes Enforcement Network issued an Advance Notice of Proposed Rulemaking seeking public comments on a potential rule that would enhance the transparency of all-cash real estate transactions in the domestic market.
December 8, 2021
The White House published the United States Strategy on Countering Corruption to present the government's approach to fighting corruption, including specific measures for preventing corrupt actors from using the U.S. financial system to launder proceeds from their corrupt acts.
December 6, 2021
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