Prime Minister David Cameron hosted an international anti-corruption summit in London Thursday and used the event to announce steps to end the secret ownership of property in the UK by foreigners.… Continue Reading
The Obama Administration Thursday announced a series of actions to end the use of anonymous corporations in the United States and require disclosure of beneficial owners when foreigners deposit money or buy assets in this country.… Continue Reading
Following the release of the Panama Papers and the public outrage that followed, we at Transparency International-USA have set up a web page to explain anonymous companies and how they affect ordinary people in the United States.… Continue Reading
Last year UK Prime Minister David Cameron promised to rip aside the “cloak of secrecy” and set new standards for transparency of company ownership.
What came out of the Joint Communiqué an agreement to hold the information on the people who ultimately own and control companies — so-called beneficial owners — in their jurisdiction, either in centralized registries “or similarly effective systems.”… Continue Readingby political leaders and representatives of the UK and Overseas Territories last month (following reportedly “robust discussions”) was
The UK’s corporate beneficial ownership register took a step closer last week with the government publishing a consultation exercise for the detailed registration regulations (the consultation period closes on July 17).… Continue Reading