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
April 28th, 2017
At the UN ECOSOC special meeting on international cooperation in tax matters held on 7 April 2017, G77 and China (group of 134 developing countries) reiterated their long-standing demand for an intergovernmental tax body at the UN. Additional statements in support of the issue were made by Egypt, Brazil, India and CARICOM (14 member states
April 12th, 2017
From negotiations that are heating up in the European Union on beneficial ownership registers to Ecuador’s landmark referendum on tax havens, there’s been a great deal of movement on the issues of tax and transparency over the last few months. Read our latest newsletter below to catch up on it all.