In response to the announcement of the Government’s new Economic Crime Strategy, Chido Dunn, Senior Campaigner, said:
“We have known for a long time that McMafia-type criminals are only able to operate in the UK because they have an army of lawyers, estate agents and accountants who are willing to advise them. That’s why it’s great to hear that the UK’s Security Minister has vowed to go after these gatekeepers in the same way he would go after the crooks themselves.
"But there is more that the UK could be doing to stem the flow of dirty cash. We want to see the Government’s new Economic Crime Strategy address big loopholes in the registers of the real people who own companies and property in the UK, and we want to see the Government hold firm on its promise to make transparent the companies created in the UK’s Overseas Territories. If the UK doesn’t keep up the fight for transparency as well as pushing for accountability, the crooks will win.”
You might also like
Extended ReportWhat the UK's open data register actually tells us about company ownership
BriefingHow mismanaged ‘Golden Visa’ schemes are enabling corruption on an unprecedented scale, and what EU institutions must do about it
Global Witness Response to the Government's acceptance of public ownership registers for UK overseas territoriesGlobal Witness's statement on the government's historic U-turn to support public ownership registers in UK Overseas Territories.