The misuse of corporate vehicles: Concealing (and revealing) beneficial ownership

Seminar/Forum

The misuse of corporate vehicles: Concealing (and revealing) beneficial ownership

Serious criminality often is enabled and enhanced by the use of legal structures like companies, trusts and partnerships to conceal the “beneficial ownership” of assets. Features of corporate opacity help to generate, conceal and maintain the resources necessary for many criminal relations and actions. Recognition of this phenomenon is stimulating various legal amendments at the domestic and transnational level, relating to the registration of ownership and the directorship of companies, in an effort to improve transparency and oversight and thus prevent and deter crime. Critical issues remain under-explored regarding these laws’ likely effectiveness, as well as their implications for human rights. This paper brings together insights from criminal law, company law and regulatory studies to provide a novel doctrinal and theoretical analysis of the key legal measures that seek to improve transparency and thereby reveal the beneficial ownership of assets implicated in serious crime.

Presenter

  • Professor Liz Campbell