BVI commits to implementing transparency register in fight against dirty money
( September 22, 2020, 14:29 GMT | Official Statement) -- MLex Summary: The British Virgin Islands has committed to implementing publicly accessible registers of company ownership “in line with international standards and best practices as they develop globally,” the minister of finance Andrew Fahie has said. The BVI had previously refused to participate in the efforts by UK's overseas territories to stamp out illicit finance, prompting further call from UK lawmakers in July. The BVI is expected to implement its register by 2023.Statement follows,...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.