In Alaska, representatives introduced a bill to require trust settlors and beneficiaries to identify themselves.
“When Vladimir Putin invaded Ukraine, I reflected on all the ways a state could have an impact on wealth that oligarchs…might be able to hide,” said Zack Fields (D).
In New York, lawmakers are pushing to make owners of LLCs publicly available.
"I see it as my responsibility to ensure our city isn’t a haven for tax evasion, money laundering, or political corruption,” said New York Assembly member Emily Gallagher (D), who sponsored the bill.
In Wyoming, the legislature’s joint revenue committee announced a review of the state’s trust laws later this month.
"We have to figure how to make Wyoming a sustainable place going forward in terms of revenue," one lawmaker told me.
In Washington DC, the Enablers Act is more timely than ever, the bill's supporters say.
“This is a good moment when everyone is focused on Ukraine and on strengthening sanctions enforcement to move the bill forward, strike while the iron and steel are hot": Rep. Tom Malinowski
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#pandorapapers show another side of Wyoming - rare insights into international clients flocking to America’s least populated state, making it a global tax haven.
.@ICIJorg's #pandorapapers investigation is the largest ever involving African reporters. This is the core of what @ICIJorg does - no other organization gets close to our commitment to global partnerships.
53 African reporters worked on #pandorapapers. Let me share a few stories
@debbiecenziper found a key file from #pandorapapers listing Americans with secretive trusts in Belize.
Robert Durst? âś…
Marc-Collins Rector âś…
Fraudsters âś…
2/ We honed in on CILTrust, an offshore provider that helps people set up trusts and companies in Belize, a little-known Central American tax haven.
CILTrust, once CitiTrust, is part owned by Glenn Godfrey, a former attorney general.
3/ For more than 1 month, we repeatedly contacted Mr Godfrey, his wife and companies through 4 emails. I left phone messages with his employees. We called the phone of a friend, even.
No reply. Last night in Belize, Mr Godfrey replied. Watch here.
1/ When @ICIJorg first got the #pandorapapers, I wanted to see what we could learn about the U.S. as a tax haven. I’d heard rumors, but wanted to see WHO and WHAT was using secrecy inside the US.
2/ With @delreuter, we spent months poring over 12 million records to identify more than 200 U.S. trusts, many of which were in South Dakota.
Of those, almost 30 trusts were tied to people, firms and assets linked to allegations of wrongdoing, including human rights abuses.
3/ @debbiecenziper, @salwangeorges@BrendaMedinar travelled to California, South Dakota and the Dominican Republic to connect the wonky world of trusts (what they heck are they, anyway?) to real people.
And real suffering. (Check out @salwangeorges's moving photos)
1/ @ICIJorg’s new investigation - #FinCENFiles - is our largest collaboration with journalists in Africa so far. There are new faces for us in Togo, Cameroon, The Gambia and beyond.