Public registers of Ultimate Beneficial Owners might make financial crime investigations more difficult and create a new industry of nominee or even fictitious UBOs, as fraudsters bury themselves more deeply […]
Investigators and others who specialize in offshore finance will discuss emerging key issues affecting the industry in the areas of transparency, beneficial ownership, products, services, trends, and anything else of importance and significance. The session will be informal and questions
This session will look at how offshore jurisdictions compare in terms of banking secrecy, recording of beneficial ownership registries for trusts, foundations, and companies, availability to the public of corporate share registers and accounts, anti-money laundering, tax information exchange, international judicial co-operation, and other areas.
A look at the pros and cons of having central registries of beneficial owners of offshore companies in offshore financial centers and whether the move towards them has substance or is political hot-air by the U.K. Government.