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US Treasury targets shell companies and virtual assets

News Team, 24/05/2022

The US Department of Treasury has issued its 2022 National Strategy for Combatting Terrorist and Other Illicit Financing, aimed particuarly at virtual assets and shell companies. 

The 2022 strategy makes priority recommendations to close legal and regulatory gaps that allow criminals to use shell companies and mitigate the risks presented by virtual assets.

It also identifies measures to increase transparency in the US financial system and strengthen the anti-money l...


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