Civil Society Experts Call on Delaware to Create Public Registry of Beneficial Ownership Information
WASHINGTON, DC – Global Financial Integrity (GFI) and Global Witness expressed disappointment that the Delaware House of Representatives passed two bills this evening that do little to stop criminals from using Delaware companies to launder their illicit proceeds. The two pieces of legislation are House Bill 327 and House Bill 328, which would establish a chain of people that need to be consulted, in turn, in order to identify a person at a limited liability...
The C20, a global network of civil society organizations, have released finalized versions of the position papers that will guide advocacy efforts ahead of the G20 summit in Brisbane, Australia. The most noteworthy for our work at the FTC comes within the C20's paper on 'Governance', which incorporates a number of financial transparency issues.
Last week Ukrainians cast their ballots for a new president. It was the first election for the position since the nation ousted its allegedly-corrupt former President, Viktor Yanukovych.
Before he fled to Russia, Yanukovych lived on 340 acres of land on the banks of the river Dnieper in Ukraine. His former home, a five story mansion named Mezhyhiriya, is decorated with marble, crystal, and precious woods. It is difficult to overstate the luxury of this palatial building. Its cedar doors are worth $64,000, the wall...