OCCRP on Beneficial Ownership data

Publicly available beneficial ownership registries are a key tool for exposing corruption and financial crimes like ML. In what OCCRP dubbed the “OpenLux” project, members and partners used this data to uncover secret Luxembourg companies used…

FATF upgrades China on two recommendations

China has been upgraded on targeted financial sanctions related to proliferation and transparency and beneficial ownership of legal persons. China will remain in enhanced follow up and will continue to inform the FATF of progress achieved…