Erica Hanichak

Government Affairs for @FACTCoalition. Anti-money laundering and human rights advocate, salsa enthusiast, STL native. Retweets ≠ endorsements.

[Erica Hanichak @EHanichak]

1 / NEW: Today's National Security Study Memorandum sets sights on tackling some of the biggest gaps in U.S. anti-money laundering law, which will help mitigate the U.S. role in fueling corruption.

The ambition here is huge and necessary.

https://t.co/yLoV01TMhg

[FACT Coalition @FACTCoalition]

The current corporate tax code that encourages offshore tax avoidance isn't "America-first," it's "Corporations-first, Americans-last"

FACT policy director @ZorkaMilin speaking now at @USProgressives's shadow hearing on tax policy reforms to end corporate greed.

[Nate Sibley @NateSibley]

Gold has always been highly valued—but it’s increasingly attractive to modern international money launderers and sanctions evaders.

Kudos to @JYansura @FACTCoalition and Helen Taylor @EndCorruptionUK for these suggestions on how to crack down on abuses.
https://t.co/SP1cXFumo7

[Erica Hanichak @EHanichak]

Our nation’s adversaries and competitors shouldn’t be able to weaponize U.S. financial secrecy to dodge tariffs and undercut law-abiding U.S. businesses.

The competitiveness of U.S. manufacturers depends on it.

That's why we need the CTA.

Read more: https://t.co/Ikhcxrqc38

[FACT Coalition @FACTCoalition]

The top EU court has decided that Apple must pay $14 billion in back taxes.

Wonder what it all means? Check out what FACT's policy director @ZorkaMilin has to say about it 🔽

[Erica Hanichak @EHanichak]

New research by @BrookingsInst shows that the U.S. has a real estate opacity problem.

Where there's opacity, there's risk of abuse. That's why implementing the Corporate Transparency Act and closing money laundering loopholes in real estate are crucial.

https://t.co/TzlE0dz35C

[Zorka Milin @ZorkaMilin]

America's most iconic company is facing a huge tax case but is keeping its head in the sand on this major risk. #TaxTwitter must-read: hard-hitting @FT story by @stephenfoley @meyer_g6 + great insights from @Alex_KBKGTP

This is why we're asking the SEC for better tax disclosures

[Congresswoman Ayanna Pressley @RepPressley]

In February, I pressed @USTreasury to do more to combat environmental crimes and illicit finance.

I'm glad they've announced an initiative to keep environmental criminals from profiting off the Amazon forest's destruction & deny them safe haven in the US.
https://t.co/KqVCq5CvoQ

[Craig Shirley @CraigSmpa]

We Need the Corporate Transparency Act to Stop Our Adversaries https://t.co/a6nuuyhR66

[FACT Coalition @FACTCoalition]

“These are difficult cases, but they can be done.”

Outstanding coverage by @ICIJorg's @spencerwoodman of the IRS' recent difficulties in investigating and, especially, prosecuting instances of suspected tax fraud by large corps. and the ultra wealthy.
https://t.co/kDbHbqPi64

[Julia Yansura @JYansura]

A reminder that for sanctions to work, we need to do better on #CorporateTransparency: "Assets like superyachts are often owned through a series of proxy owners, offshore companies and trusts...registered in jurisdictions chosen for their secrecy."
https://t.co/aW0GVxekRb

[ICIJ @ICIJorg]

ICIJ's 2020 #FinCENFiles revealed how Ukrainian oligarch Ihor Kolomoisky built a U.S. real estate empire over a decade.

A joint report by @acdatacollectiv, @FACTCoalition and @IllicitFlows cites the exposé as a “prime example” of a “full-system failure.” https://t.co/kjPwCSMo0d

[Zorka Milin @ZorkaMilin]

"Let's just say that money launderers don't make good landlords."

@EHanichak @FACTCoalition

[FACT Coalition @FACTCoalition]

HAPPENING NOW: FACT-member @transparencyUSA is hosting a lunch briefing in Congress on how US enablers are undermining our national security. Panel includes former US government officials, US military, and journalists.

Join us in 2045 Rayburn before 1:30pm.

[FACT Coalition @FACTCoalition]

Three new briefs in the ongoing legal dispute surrounding the Corporate Transparency Act
"clearly demonstrate that the CTA is constitutional," per FACT's @ZorkaMilin and @EHanichak.

Unmasking shell companies is a vital part of tacking dirty $ in the U.S.
https://t.co/ILriEsiDVB

[Julia Yansura @JYansura]

"Money laundering through shell companies and other entities - which often involves moving money between countries - is a critical mechanism in these illicit economies."
With comments by me and @Sbreitko
Thank you @BudrykZack for covering this issue.
https://t.co/JRNpHQ2Iak

[Global Financial Integrity @IllicitFlows]

📢New Report: Money Laundering Risks in Commercial Real Estate: An Analysis of 25 Case Studies.

@acdatacollectiv @FACTCoalition

Full report: https://t.co/fsGPWZPVd1

[Global Financial Integrity @IllicitFlows]

Commercial real estate is attractive target for billions in laundered cash, GFI, @FACTCoalition @acdatacollectiv report finds.

- Via @MiamiHerald
https://t.co/C7bn6z0mtA

[Erica Hanichak @EHanichak]

@FACTCoalition KY's @RepMcGarvey says the "noncontroversial":
1) We should crackdown on criminals abusing shell companies.
2) It is not unreasonable that firms provide some identifying information.
3) FinCEN needs to educate re: these requirements.

This is why funding @FinCENnews matters.

[FACT Coalition @FACTCoalition]

@transparencyUSA @HSBCDems @NydiaVelazquez Gary Kalman from @transparencyUSA: "The CTA’s reporting requirements are neither unusual nor unprecedented for everyday Americans. Most states collect more information when granting public library cards than is required
under the CTA." (see https://t.co/fIUEmREFCz)