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100,000 firms have joined a database aimed at unmasking shell company owners

Por: Portland Press Herald Business January 09, 2024

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U.S. Treasury Secretary Janet Yellen talks with reporters during a visit to the Financial Crimes Enforcement Network (FinCEN) in Virginia on Monday. Yellen announced that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to unmask shell company owners. Susan Walsh/Associated Press VIENNA, Va. — Treasury Secretary Janet Yellen announced Monday that... + full article



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