July 27th, 2018
Submission Date: 26 July 2018 The FTC was encouraged to see the adoption of the mandate to curb illicit financial flows last month at the BRICS Tax and Customs meeting. In this regard, we submitted a letter to share some policy recommendations for a unified strategy against illicit financial flows ahead of the 10th BRICS Summit,
May 15th, 2017
The FTC recently entered a submission to the public consultation being conducted by Dubai surrounding their proposed Companies Law. Among other things, the submission recommends Dubai create public registers of beneficial ownership information, which would make it easier to track down and detect illicit financial flows.
May 12th, 2017
The FTC entered a submission to the UK’s consultation on the beneficial ownership transparency surrounding property and public contracts. The FTC recommends that countries should collect beneficial ownership information on companies, trusts, and other legal entities that are registered within their borders, and make this information publicly available in central registers. If ownership information was
March 9th, 2017
The FTC recently submitted comments to Hong Kong’s public consultation on beneficial ownership transparency, as the jurisdiction reassesses its company transparency guidelines. You can read more about the issue of beneficial ownership here.