Canada is being advertised as an attractive place for Russian oligarchs to set up shell companies — via financialpost Canada Russia
” argues that Canada’s sterling international reputation coupled with weak financial transparency regulations make it attractive for Russian oligarchs.
One translated ad quoted in the report reads: “If you have previously used U.K. partnership structures in business … many factors have changed and a Canadian LP will be the best choice.” “In contrast to offshore jurisdictions with large corporate services industries seeking to attract clients to their shores, Canada’s emergence as a secrecy jurisdiction has not been by design. Rather, our corporate structures are being exploited because we have failed to update laws to keep pace with changes in global finance,” it said.Article content
But Canada should consider implementing a similar registry to the U.K.’s open data system, the report said. Such a registry must include details of partnerships and ownership beyond Canadian parent companies, to those actually in control behind the scenes.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
If you moved to Canada or left Canada, you may be missing out on retirement benefitsYou could have money coming even if you left the country, or lived here briefly
Lire la suite »
Zelenskyy appeals for help from Canada in emotional speech“... Can you imagine you and your children hearing all these severe explosions, the bombing of the airport, the bombing of the Ottawa airport? Cruise missiles are falling down and your children are asking you, ‘What happened?’”
Lire la suite »
Zelenskyy appeals for help from Canada in emotional speechUkrainian President Volodymyr Zelenskyy asked Canadians Tuesday to imagine bombs landing in their communities as he urged the Canadian Parliament and government to exert greater economic and military pressure on Russia.
Lire la suite »
B. toys Wooden Activity Toddler Walker recalled due to choking hazard - Canada.ca
Lire la suite »
Honda Canada invests $1.4 billion to upgrade Ontario plants | Car News | Auto123Honda Canada announces it will invest $1.38 billion over the next six years to upgrade its HCM assembly plants in Alliston, Ontario. Auto123 has details.
Lire la suite »
Honda Canada investit 1,38 milliard dans ses usines Ontario | Actualités automobile | Auto123Honda Canada investira 1,38 milliard au cours des six prochaines années pour moderniser ses usines d'assemblage HCM à Alliston, en Ontario. Auto123.
Lire la suite »