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US lawmakers’ new tactic to finally crack down on secretive shell companies: link them to Russia (Quartz)

While transparency advocates are very much in favor of the effort, they say tightening laws around shell companies still leaves large gaps in America’s defenses against money-laundering. “The US is getting on the train in the right direction but there’s more work still to do,” says Shruti Shah, vice president of the Coalition for Integrity, formerly the US branch of Transparency International. Read more

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