Tag: UBO register

MEDIA COMMENT | UK transparency legislation

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 hiding ultimate ownership details using trusts.

OPINION | Why FinCen’s proposed public corporate register will be ‘near useless’

The US Treasury has been eager to establish a corporate ownership registry in its battle against dirty money. Yet the American Bankers Association has described what’s being floated under the Corporate Transparency Act (due to come into force in the US next year) as “fatally flawed”.