Opinion: Businesses deserve privacy, too: The case against public registers for company ownership

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Businesses deserve privacy, too: The case against public registers for company ownership

and were “interfering with the fundamental rights to respect for private life and to the protection of personal data” enshrined in the Charter of Fundamental Rights of the European Union.

of some transparency activists, there are important practical reasons not to promote unlimited systems of transparency. Further, unlimited forms of transparency can be counterproductive. Transparency advocates such as Transparency International and Global Witness tend to assume that an unlimited system of corporate transparency will lead to maximum accountability for fraud and corruption. In fact, maximum transparency can have precisely theWhere bad actors are aware that a register will openly publicize their UBO identity, they will almost certainly take evasive action to hide assets or proceeds of crime .

 

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A clear, sensible, informed, and compelling case for effective common sense!

3/3 they hide the ownership behind a new company; with the documents at the lawyers office. And it is done because of corruption, period…

2/3 when they actually do not exist. I have know at least 4 companies that do this. And their is a business in Vancouver where the owners had a class action against them, and since no one what’s to do business with them due to their lack of honesty,

1/3 Strongly disagree with this, and I have personal experience with people in BC using beneficial ownerships to hide their ownership. This is for various reasons, a conflict of interests, where you may bring in a 3rd party business to give the impression of impartiality in

Ha ha ha. Is it April?

Money laundering and corruption flourishes in secrecy, as we have daily proof. Canada is a GD narco state. Shed light on the crooks. INVESTIGATE THE AUTHOR OF THIS GARBAGE ARTICLE. Beneficial Ownership Registry. NOW.

Next you gonna be telling us corporations are people

Money laundering and corruption flourishes in secrecy, as we have daily proof. Canada is a GD narco state. Shed light on the crooks. INVESTIGATE THE AUTHOR OF THIS GARBAGE ARTICLE. Beneficial Ownership Registry. NOW.

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