What a Recent Rule Change Means for Corporate Transparency
Friday, May 29, 2026
What a Recent Rule Change Means for Corporate Transparency
Drug cartels and other illegal enterprises often use shell companies to hide their dealings and launder money. To combat this activity, many countries have requirements that corporations disclose their ownership-or their beneficial owners. And the U.S. was adopting a similar policy when, in March of last year, the federal government significantly expanded exemptions that allow companies to keep this information private. We'll learn more about these requirements and the changes to them from GAO's Mike Clements. Mike, thanks for joining us.