23 octombrie 2019

House passes bill taking aim at anonymous shell companies

thehill.com

The House on Tuesday passed legislation aimed at cracking down on the use of anonymous shell companies for illicit activities. The bill passed by a vote of 249-173. Twenty-five Republicans joined most Democrats in voting for the bill, while five Democrats voted against it. The vote comes after the House Financial Services Committee advanced the measure in June. Under the bill, certain corporations and limited liability companies would be required to disclose their true owners to the Treasury [...]