1MDB Scandal Prompts U.S. Legislators to Find Fix on Beneficial Owner Transparency
Posted on 07/02/2017
Two bills were recently introduced, one in the U.S. House of Representatives and the other in the U.S. Senate, that would mandate the U.S. Treasury to received detailed information on the beneficial owners behind shell companies. The bill would make U.S. corporations disclose in a private registry the beneficial owners of such entities. The registry…
