The rumble has quietened down over the identity the beneficiaries of the trust involved in the troubled courthouse project. One side says we should have transparency. The other says we can do what we want, nanny nanny booboo. It is interesting to see the Bermuda Government’s newly expanded AML/ATF requirements for financial institutions that do [...]
Entries Tagged as 'AML/ATF'
Beneficial Owners
March 31st, 2009 · Comments Off · Accountability, Bermuda Politics
Tags:AML/ATF·Contracting·courthouse
Beneficial Ownership
March 16th, 2009 · Comments Off · Accountability, Bermuda Politics, Transparency
The TCI commission has allowed a peek into the sordid side of small island politics. The Turks case has involved a massive web of front companies, allegedly used to obscure the involvement of prominent individuals in deals with the Government. The Commission has recommended a list of steps to rectify the situation. Most are plain [...]
Tags:AML/ATF·Contracting·courthouse