Fighting Illicit Finance Shouldn’t Be This Difficult

Reported by Bloomberg Editorial Board (Summary shared below. To read full report, go to: https://www.bloomberg.com/opinion/articles/2026-09-03/fighting-financial-crime-and-shell-companies-shouldn-t-be-so-hard) A Bloomberg editorial argues that the United States is dismantling one of the few tools designed to help law enforcement identify who actually owns American companies. The Corporate Transparency Act, passed in 2021, created a federal beneficial-ownership database requiring most […]