OVERSEAS TERRITORIES CONTEST NOTION THAT OPEN BENEFICIAL OWNERSHIP REGISTERS ARE MOST EFFECTIVE
May 1st, 2018
THE UK parliament has controversially voted to force its overseas territories (OT) to create publicly accessible beneficial ownership registers by December 31, 2020. Critics say the move threatens the financial sectors and will not aid law enforcement. Is that true? Keith Nuthall reports
Listening to the leaders of Britain’s overseas territories, the beneficial ownership amendment to a UK Sanctions and Anti-Money Laundering Bill is a risk to their survival. The chief ministers of the Cayman Islands, Bermuda the British Virgin Islands (BVI) and ...
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