Financial crime watchdog calls for countries to come clean on shell companies

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PARIS :The head of the global financial crime watchdog has called on countries to come clean on the use of shell companies, calling them the "getaway car" for criminals, and said the problem would be a key part of a new round of national assessments. The Financial Action Task Force's focus on shell companies comes after both the United States under President Donald Trump and Switzerland have this year rowed back on transparency rules for beneficial owners. Paris-based FATF, an intergovernmental

Tag-uri: Donald Trump

Financial crime watchdog calls for countries to come clean on shell companies https://www.channelnewsasia.com/ - 03.09.2025 16:01

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Financial crime watchdog calls for countries to come clean on shell companies https://www.channelnewsasia.com/ - 03.09.2025 16:01