The Anti-Money Laundering Act would expose the owners of shell companies now sits alone on a shelf in the US Senate while the Federal Reserve shrugs its shoulders in the face of blatant manipulation by the too-big-to-fail banks.
A look at what’s known about what Trump has and hasn’t tried to resolve his business entanglement before his swearing-in.
WASHINGTON (REPORT) — President-elect Donald Trump pledged to step away from his family-owned international real estate development, property management and licensing business before taking office Jan. 20. With less than two weeks until his inauguration, he hasn't stepped very far. Trump has canceled a handful of international
One of the most shocking revelations is that U.S. protected multinationals and many of their allies around the world have US$32 trillion in tax havens.
The Panama Papers 1. The Panama Papers are a massive and historic leak of confidential documents that reveal how the rich and powerful from many countries around the globe use tax havens to hide their wealth. 2. About 140 high-level officials and millionaires, and about 113,000 shell companies are exposed in the documents, including at least 12
Paper companies are the “getaway cars for global financial crime,” and new legislation is unlikely to do much to resolve the issue — especially not in Delaware.
WASHINGTON --- Civil society groups are dismissing as inadequate proposed legal reforms in Delaware aimed at tightening transparency requirements in the state, one of the world’s most important homes to anonymous “shell” corporations. Delaware’s loose regulations, coupled with the state’s aggressive positioning of itself as
