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New ‘SWAMP’ Index Ranks States on Public Corruption Laws (Wall Street Journal)

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A new index from the group formerly known as the U.S. chapter of Transparency International ranks the “state of ethics” in each U.S. state. The organization, now known as the Coalition for Integrity, analyzed the laws of the 50 states and the District of Columbia related to the scope, independence and power of ethics agencies, as well as the acceptance and disclosures of gifts by public officials, transparency of funding expenditure and client disclosures for legislators. Read more

S.W.A.M.P. Index

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The States With Anti-Corruption Measures for Public officials [S.W.A.M.P.] Index is a comparative scorecard which rates 50 states and the District of Columbia based on the laws and regulations governing ethics and transparency in the executive and legislative branches. Read more and see how your state stacks up here.

Shruti Shah appointed President & CEO of Coalition for Integrity

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Coalition for Integrity’s Board of Directors is pleased to announce the appointment of Shruti Shah as President & CEO of the organization effective June 1, 2018. Under Shruti’s leadership, we will continue to combat corruption in the United States and overseas. We are looking forward to collaborating and engaging with all of you as we continue our journey. Read more

Growing bipartisan interest in beneficial ownership transparency (FCPA Blog)

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The Financial Crimes Enforcement Network (FinCEN) recently renewed Geographic Targeting Orders (GTOs) that temporarily require U.S. title insurance companies to identify the natural persons behind shell companies that pay “all cash” for high-end residential real estate in select markets. This is the third time the GTOs have been extended. Read more

Trump sold $1.5 billion of condos to potential money launderers thanks to this gaping loophole (Quartz)

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Shell companies can provide an extraordinary level of secrecy, making it impossible for even the seller to know who they’re making a deal with. That helps out a huge array of people who want to hide illicit funds. As Shruti Shah of anti-corruption NGO Coalition for Integrity puts it, shell firms’ secrecy makes them “a favorite tool for just about any criminal from tax evaders and money launderers to drug traffickers and kleptocrats.” Read more

Secret Money: How Trump Made Millions Selling Condos to Unknown Buyers (Buzzfeed news)

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“It’s not that common for someone to buy expensive real estate with cash, and if it’s a shell company, you want to find out who the buyer is and the sources of their funds,” said Shruti Shah, vice president of programs and operations at the Coalition for Integrity, an anti-corruption group. “It could be illicit money from foreign corruption, drug trafficking, human trafficking – all sorts of bad things.” Read more

Integrity First

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Foreign Services Journal, December, 2017. Alan Larson – Chairman, Board of Directors, Coalition for Integrity, Inc., Ambassador, retired, DC. Read more

Shruti Shah and Marian Currinder: Friends don’t shower money and gifts on friends (FCPA Blog)

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The McDonnell decision has likely made it easier for politicians to engage in ethically questionable behavior. In the absence of much stricter gift laws or precedent changing court decisions, what can be done? For one, politicians can simply pledge to not accept extravagant gifts from their friends. Read more

C4I Calls on President Trump to Lead by Example

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Coalition for Integrity calls on President Trump to fully separate himself from his businesses and be transparent about his past business dealings, including at the Trump Ocean Club International Hotel and Tower in Panama. The Narco-A-Lago story also highlights how essential it is that people involved in the real estate industry conduct due diligence on buyers’ identities and the sources of their funds to avoid misuse of the property market by money launderers and other criminals. Read more

Shruti Shah: Every big corruption story features anonymous companies (FCPA Blog)

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How much do “ordinary folk” benefit from secret offshore structures when the main beneficiaries are a wealthy minority, often expats? The ability to conceal illicitly obtained funds fuels corruption, breeds instability and diverts resources from those who should benefit. Read more