Campaigners demand action on money laundering as Overseas Territories meet

Senior representatives from Britain’s Overseas Territories are due to meet in London this week for an annual meeting with ministers, with anti-money laundering policies expected to be on the agenda.

Ahead of the meeting, campaigners including the UK Anti-Corruption Coalition (UKACC) have called for the UK Government to push the Overseas Territories to set up registers showing the real owners of companies by the end of the year.

Westminster legislated for the introduction of public registers of beneficial ownership – seen as a key tool in the fight against corruption – in 2018 and the Overseas Territories committed to introducing them in 2020, but little progress has been made since.

Dame Margaret Hodge, chair of Parliament’s all-party group on anti-corruption and responsible tax, said: “Our Overseas Territories and Crown Dependencies must bring an end to the decades of…



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