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Strategic Director John Prendergast Highlights the Importance of Landmark Anti-Money Laundering Reform

Last week the US Congress passed the National Defense Authorization Act for 2021, and below certain hot-button issues was the inclusion of landmark anti-money laundering reform. The provision bans anonymous shell companies, pervasive in the United States, and represents not only the United States’ biggest anti-corruption push in years, but also a massive boost for human rights efforts around the world.

The Sentry’s advocacy work in the concert with coalition partners was a driving force behind the passage of this reform, the Corporate Transparency Act. Our Strategic Director John Prendergast highlights the importance of the landmark provision in a new op-ed published today.