Free Download Paul Beckett, "Beneficial Ownership and Legal Responsibility "
English | ISBN: 1032537604 | 2024 | 362 pages | EPUB | 753 KB
This book explores the connection between ownership, on one hand, and immunity from legal responsibility, on the other. It presents a definition of the concept of beneficial ownership, the reasons for its concealment, and failures in international legal structures and arrangements.
Globally, states confront complex crimes, such as corruption, tax evasion, doctrinal fanaticism, slave trafficking, terrorism and, war. At the personal level, men and women may seek to escape their creditors, to disinherit unwanted heirs, to cheat divorced partners, and to appear straightforward when this is not the case. The response of politicians and regulators has been a global state initiative to identify beneficial owners via public registers to promote transparency and accountability. Yet, at the same time, there is an equally powerful global and personal counter-initiative to promote beneficial ownership avoidance. Where there is no owner, there is no accountability.
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