WASHINGTON—The U.S. Treasury Department’s crime fighting arm on Tuesday moved to expand reporting requirements for certain domestic and foreign companies as part of a broader push to crackdown on corruption and shell companies. A new rule would implement reporting provisions under the Anti-Money Laundering Act of 2020, aimed at expanding data on who actually owns or controls a company and closing loopholes in existing U.S. law. The proposed rule would require affected companies to report their identity to the Financial Crimes Enforcement Network (FinCEN), as well as the name, birth date, address, and a unique identifying number for each of its owners. Treasury Secretary Janet Yellen said the rule marked a “major step toward addressing the gaps in our corporate transparency framework that allow corruption to flourish and illicit funds to flow into the United States. “The rule will help close the loopholes that undermine U.S. national security, bolster economic …