Tag Archives | Cayman Islands

Major economies move on money laundering, but what about the Cayman Islands?

14 January 2015 in G20

The final two months of 2014 saw a surge of positive news for civil society whose collaborative and consolidated efforts over recent years to push for greater corporate transparency measures are now seeing the light.

Civil society has called for greater light to be shed on the real living people who ultimately own or control companies – the beneficial owners. Current levels of secrecy mean that global detection rates for illicit funds by law enforcement are as low as 1 percent for criminal proceeds.

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Shelving the shells

19 March 2014 in Access to information, Anti-corruption movement, Asset recovery, Financial Markets, Impunity, Politics and government, Poverty and development, Private sector

From one corruption fighting organisation to another, hats off to Global Witness. Founder Charmian Gooch and her colleagues have been recognised for their stellar efforts to highlight the damage done by corrupt practices in the extractives sector. In her award winning TED talk, Gooch highlighted the role of ‘the facilitators’ – global banks and global […]

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