Hong Kong aims to enhance ownership transparency to coincide with FATF evaluation visit

2 February 2017
Google LogoGet APB updates first on Google
A Transportation Security Administration officer goes through carry on luggage coming out the X-ray scanner at the security checkpoint at Hartsfield-Jackson Atlanta International Airport on Wednesday August 3, 2011 in Atlanta. The TSA was created after the terrorist attacks of Sept. 11, 2001. (AP Photo/Erik S. Lesser)

In line with a global regulatory trend towards enhanced transparency, Hong Kong has introduced a proposal that will increase visibility on the beneficial ownership of companies. According to a note released by Withers, the proposal has its origins in Financial Action Task Force (FATF) requirements for greater transparency, which call for “adequate, accurate and timely information on the beneficial ownership…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]

Related News