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UK company-register reforms must be ‘imaginative’ to stop money launderers, lawmaker says

By Annie Robertson ( October 21, 2020, 16:20 GMT | Insight) -- Reforms to the UK’s company ownership register will need to be driven by "imaginative thinking" to be effective against money laundering, the lawmaker who leads Parliament's cross-party group tackling corruption has warned. Lawmaker Margaret Hodge said she feared that government plans to beef up aspects of the register still wouldn't give it enough transparency to be effective.Reforms to the UK’s company ownership register will need to be driven by "imaginative thinking" to be effective against money laundering, the lawmaker who leads Parliament's cross-party group tackling corruption has warned. ...

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