“[T]he government proposes to outsource the registration of companies to the professionals working in this space, like accountants, lawyers and company service providers. While most professionals act with integrity, it is people in these very jobs who have been responsible for creating the web of opaque corporate structures that obscure illicit financial flows. So why does the government refuse to put in place robust systems to regulate, check and discipline the professionals involved so that the few bad apples can be eliminated?”

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About Margaret Hodge

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