Tag «MONEY LAUNDERING»

EU AGREES MONEY LAUNDERING TRANSPARENCY REFORMS, BUT FULL ACCESS DENIED

Transparency International welcomes new landmark legislation to tackle money laundering and anonymous shell companies in the EU. The revisions to the 4th Anti-Money Laundering Directive agreed by the European Parliament and EU Council are an important step forward in the fight against corruption, and go far beyond the principles agreed by G20 leaders in November. However, …

United Kingdom: Transparency International welcomes UK implementation of public register of beneficial owners

DAVID CAMERON BEGINS TO DELIVER HIS G8 TRANSPARENCY PROMISES BY TAKING A SIGNIFICANT STEP IN THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING As host of the Open Government Partnership Summit in London this week, the UK Government has announced the creation of a public register of beneficial owners of companies in the UK. This is a significant …