USA: Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners
VIENNA, Va. (AP) — Treasury Secretary Janet 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.
Yellen said in remarks Monday that the new Treasury database that is collecting beneficial ownership information sends the message that “the United States is not a haven for dirty money.”