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Public Inquiry
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The Saker
A bird's eye view of the vineyard

offsite link Russia Shutters Georgian Democracy Sat Jul 20, 2019 03:54 | Scott
Russia Shutters Georgian Democracy Democracy is in danger once again. The treacherous Putin regime is pressuring Georgia with sanctions, prohibiting flights between the countries and putting it under duress. Naturally,

offsite link Sergey Lavrov?s interview with the newspaper Argumenty i Fakty Thu Jul 18, 2019 19:00 | Scott
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offsite link Inside the Yellow Vests: What the Western media will not report (Part 3) Thu Jul 18, 2019 03:21 | The Saker
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offsite link Western intellectuals freak over ?Frankenstein? China Thu Jul 18, 2019 01:53 | amarynth
by Pepe Escobar : Posted with permission Western economists and intellectuals obsessed with demonization of China are never shy of shortcuts glaringly exposing their ignorance. The latest outburst posits that

offsite link IMF who? Lagarde shows ECB is the top dollar job in QE age Thu Jul 18, 2019 01:34 | The Saker
by Ramin Mazaheri for the Saker blog (cross-posted with PressTV by permission) (Ramin Mazaheri is the chief correspondent in Paris for Press TV and has lived in France since 2009.

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Human Rights in Ireland
A Blog About Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

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offsite link NZ Watchdog On Limits Of Free Speech Thu Mar 28, 2019 11:44 | Human Rights

offsite link US Abortion Restrictions Violating The Human Rights Of Women Thu Mar 14, 2019 15:33 | Human Rights

offsite link Human Rights Watch Urges the Human Rights Council to Renew and Strengthen Mandate of UN Commission Tue Mar 12, 2019 21:51 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link A minority experience? 10:38 Fri Jul 19, 2019 | WorldbyStorm

offsite link Co-living? 10:06 Fri Jul 19, 2019 | WorldbyStorm

offsite link Bad to worse 08:10 Fri Jul 19, 2019 | WorldbyStorm

offsite link Signs of Hope ? A continuing series 12:44 Thu Jul 18, 2019 | WorldbyStorm

offsite link Differences of opinion 10:36 Thu Jul 18, 2019 | WorldbyStorm

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Treasury Takes Aim at Shell Companies

category international | economics and finance | press release author Friday July 20, 2018 19:29author by Lydia Andrews - Jubilee USA Network Report this post to the editors

The US Treasury is calling for greater scrutiny into the use of "anonymous" shell companies. Last week, Treasury Secretary Steven Mnuchin urged Congress to quickly pass legislation to make the identity of shell company owners available to law enforcement.

The US Treasury is calling for greater scrutiny into the use of "anonymous" shell companies. Last week, Treasury Secretary Steven Mnuchin urged Congress to quickly pass legislation to make the identity of shell company owners available to law enforcement.

"Corrupt public officials and scams that exploit vulnerable communities use shell companies to hide their money," noted Eric LeCompte the Executive Director of Jubilee USA, a religious development group. "Congress should pass legislation like the Corporate Transparency Act to protect the vulnerable and shed more light into this secretive world."

The Corporate Transparency Act would disclose the name of the owner who benefits from the shell corporation. In the House, the act was introduced by Representatives Peter King (R-NY) and Carolyn Maloney (D-NY). Senators Marco Rubio (R-FL) and Ron Wyden (D-OR) are lead sponsors of the Senate companion bill.

Mnuchin's public comments come as Treasury's Financial Crimes Enforcement Network (FinCEN) targets money laundering through anonymous shell companies in high-end real-estate deals. FinCEN requires the true identity of a shell company owner be disclosed in real-estate transactions in Florida, New York, Texas, California and Hawaii.

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