#openownership How have the privacy aspects been considered? Law abiding ppl having assets searchable vs criminals hiding more carefully
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Agreed that not universal legal principle. But one that was there from founding of corporate structures in the UK.
fair enough each country can choose own approach, but all to meet FATF std. UK approach not only (or nec. best) way
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Have you read
@TaxJusticeNet take on French ruling re: individual privacy vs public beneficial ownership register? http://www.taxjustice.net/2016/12/07/beneficial-ownership-disclosure-trusts-challenging-privacy-arguments/ … -
Yes. And also https://blog.opencorporates.com/2017/02/28/germany-do-not-let-personal-security-be-the-bait-and-switch-for-public-accountability/ … - but what I haven't seen is anything from the privacy folks
@privacyint @carlynyst ?
End of conversation
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