BOTH SIDES OF THE ATLANTIC SEE SOLID MOVEMENT TOWARDS IDENTIFYING BENEFICIAL OWNERS OF MONEY
January 7th, 2015
Things are looking up for some kind of global agreement in the near future on moves to expose the true owners of shell companies and other suspect corporate entities. One factor is a change of tactics by the Obama administration in Washington DC. A a second is the set of solid rules on beneficial ownership for the European Union’s (EU) fourth anti-money laundering directive agreed by EU ministers and the European Parliament just before Christmas. Some Anti-money laundering (AML) experts say agreement in this area would be the single biggest step ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.