The Senate Committee on Homeland Security and Governmental Affairs held a hearing in November entitled Failure to Identify Company Owners Impedes Law Enforcement:
The Permanent Subcommittee on Investigations’ hearing will examine the issue of states routinely incorporating hundreds of thousands of new, non-publicly traded companies in the United States each year without obtaining the identity of the corporate owners, thereby impeding law enforcement investigations into persons misusing U.S. shell corporations for money laundering, tax evasion, terrorist financing, or other crimes. The hearing will feature the April 2006 Government Accountability Office (GAO) report prepared at the Subcommittee’s request, "Company Formations: Minimal Ownership Information Is Collected and Available."The GAO report is here.
No comments:
Post a Comment