Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database of that collects ownership information intended to help unmask shell company owners.
The self-reporting is mandatory. It doesn’t take much imagination to see how it could be useful for prosecuting people using shell companies to commit financial crimes.
The self-reporting is mandatory. It doesn’t take much imagination to see how it could be useful for prosecuting people using shell companies to commit financial crimes.