Financial Crime Financial Crime

Beneficial ownership registers are needed to fight financial crime, FATF official warns

By Annie Robertson
  • 26 May 2021 10:33
  • 01 Jun 2021 11:06
The adoption of beneficial ownership registers across different countries would help underpin corruption investigations, which are often stifled by information barriers across borders, the head administrator of the global money-laundering watchdog has warned.

“Public registries are a powerful tool against money laundering … and could substantially reduce the time and costs involved in

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