‘DIRTY money’ from around the world is being funnelled through Jersey to avoid public scrutiny, according to a senior British politician campaigning to improve transparency. Dame Margaret Hodge MP has launched a stinging attack on the Island’s government and finance industry for failing to make its beneficial ownership register public. Jersey, like other Crown Dependencies, […]

May 25, 2016, Annapolis, MD – TRACE International, a worldwide leader in advancing commercial transparency and raising anti-bribery compliance standards, today launched TRACEpublic, the first global registry of beneficial ownership. Developed in direct response to the risks inherent in secret company ownership, highlighted by the Panama Papers, TRACEpublic enables companies to voluntarily and publicly provide their ownership information as a means to enhance corporate transparency and facilitate meaningful due diligence. Although […]

It reveals evidence that numerous UK companies have been involved in a major money laundering scandal involving a Kyrgyzstan bank, and shows how urgent action is needed to address the current ease with which the UK and other major economies are used to launder the proceeds of corruption, tax evasion and other crimes. The report […]