Campaigners ask for justifiable intrusions into private data, believing it will frustrate crooks, money-launderers and terrorists. It won’t – because criminals tell lies, says Martin Kenney.
Whistleblowers are the Sword of Damocles hanging over the heads of those who are corrupt, or who may be tempted by corruption. Only those with something to hide need fear the whistleblower.
In Washington, Congress is struggling with a new law over disclosure rules proposed for a public ownership register of companies.
We now have a situation where businesses legally selling cannabis in certain US states are being barred from placing the funds from those sales into federal banking systems.
What are the legal doctrines ⚖️ of ‘champerty and maintenance’ and how could clarifying current uncertainty under BVI law over third-party funding help the BVI in its litigation and arbitration work? Martin Kenney for the IFC Review.
The FBI has come out strongly in favour of the Cayman Islands’ ability to provide law enforcement with verified information about companies’ ‘ultimate beneficial owners’.
The American Bar Association needs to accept that meaningful regulation is here to stay and stop trying to hinder the passage of a Bill that would help tackle money laundering.
The U.S. often portrays herself as the world’s police force. In many respects she is, but not where offshore services are concerned.
Can Canada learn from the UK’s crack down on unexplained wealth?
Could the use of anonymous shell companies be effectively outlawed in America? Not under the current US administration.