By
Joe Mont2019-06-18T14:57:00
The United States seems poised to finally tackle issues surrounding shell companies and their often-opaque beneficial ownership structures.
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2019-10-23T16:16:00Z By Kyle Brasseur
A proposed bill to crack down on anonymous shell companies passed a House of Representatives vote Tuesday and will progress to the Senate.
2019-06-11T15:08:00Z By Joe Mont
The newly proposed ILLICIT CASH Act would, for the first time, require shell companies to disclose their true owners to the U.S. Department of Treasury.
2026-01-08T18:27:00Z By Ruth Prickett
Financial markets thrive on consistent rules across the widest markets. This is the thinking behind the European Commission’s package of measures intended to simplify and streamline the zone’s single market for financial services.
2026-01-06T17:38:00Z By Adrianne Appel
Teledyne will pay more than $1.5 million to settle allegations it supplied electronic parts to the Navy that deviated from specifications, a violation of the False Claims Act (FCA). But its cooperation with prosecutors earned it a credit, according to the U.S. Department of Justice (DOJ).
2026-01-05T21:47:00Z By Adrianne Appel
An industrial products distributor has agreed to pay $54.4 million to settle allegations, first made by a whistleblower, that it evaded tariffs and violated the federal False Claims Act.
2025-12-24T16:46:00Z By Jaclyn Jaeger
Companies that import goods into the United States will face heightened enforcement scrutiny for attempted acts of customs fraud, including tariff evasion, under the Trump administration. Thus, chief compliance officers and in-house counsel face a new kind of pressure to ensure they are mitigating risk in this area.
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