A Green Light for Crooks The US Department of the Treasury has effectively dismantled a key rule aimed at curbing corrupt financial practices.
On Tuesday, the Financial Crimes Enforcement Network (FinCEN) announced that businesses formed in the United States would no longer need to disclose their actual owners.
This move paves the way for anonymous shell companies to proliferate once more. This rollback is part of a broader pattern of dismantling anti corruption efforts under the Trump administration.