Martin Kenney comments on moves to force further transparency on UK UBO registries Our Head of Firm Martin Kenney was asked by the Daily Mail newspaper to comment on pressure being brought to bear on the UK government by some UK politicians, who want to tighten regulations and prevent overseas owners of UK property from […]
Martin Kenney welcomes a decision by the European Court of Justice that open beneficial ownership registers – sometimes called open UBO registers – are incompatible with the right to privacy. Unlimited transparency isn’t necessarily effective in the battle against economic criminals, he warns.
A system of controlled transparency is far more effective as a tool for battling corruption than a completely unlimited system of transparency.
