Promoting Transparency in the Financial System
Scott Rembrandt
Deputy Assistant Secretary
Office of Terrorist Financing and Financial Crimes (USDT)
Brian Nelson
Undersecretary
Office of Terrorist Financing and Financial Crimes (USDT)
Andrea Gacki
Director
Financial Crimes Enforcement Network
Establish a robust regulatory framework to ensure timely information on the highest priority threats to combat the misuse of companies by criminals. By September 30, 2023, the Department of the Treasury will strengthen and adapt the Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) framework by publishing and updating regulatory requirements and creating a solution that will securely collect, store, and manage beneficial ownership information for use by law enforcement and other authorized partners.
