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Emeritus Prof Christopher May /
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2024-02-13 06:50:22

Emeritus Prof Christopher May on Nostr: How does the UK help facilitate the global shift into kleptocracy? Well, one clear ...

How does the UK help facilitate the global shift into kleptocracy?

Well, one clear mechanism has been the UK's lax views on the formation of #companies.

Moody's (a credit rating agency) compiles data on the risk that shell companies are being used to hide #criminal activities.... and guess what; the UK tops the list.

The Q. is how does on improve the governance around incorporation to ensure criminals are not so easily accommodated by a permissive system!

Yup, the UK's a world leader!

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