In reaction to the news that the UK government is delaying the introduction of public beneficial ownership registers for major tax havens, Naomi Hirst, Senior Anti-Corruption Campaigner at Global Witness said:
"The Committee has hit the nail on the head. The British Overseas Territories are a crucial part of the global money laundering landscape that we know harms us all. We can’t wait for an international agreement to see these urgent measures through.
And to ensure we’re not helping the criminal and corrupt, we must apply the same rules to the Crown Dependencies. These jurisdictions have so far proved resistant to meeting the UK’s standards on being open about who really owns their companies.”
/ ENDS
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