| The Role of Domestic Shell Companies in Financial Crime and Money Laundering: Limited Liability Companies November 2006 Contributor(s): Department of the Treasury Financial Cri (Author) |
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ISBN: 1502951223 ISBN-13: 9781502951229 Publisher: Createspace Independent Publishing Platform OUR PRICE: $15.19 Product Type: Paperback Published: October 2014 |
| Additional Information |
| BISAC Categories: - Law | Business & Financial |
| Physical Information: 0.06" H x 8.5" W x 11.02" (0.20 lbs) 28 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: By the virtue of the ease of formation and absence of ownership disclosure requirements, shell companies generally defined as business entities without active business or significant assets are an attractive vehicle for those seeking to launder money or conduct illicit activity. While business entities generally, and shell companies specifically, have legitimate commercial uses, this lack of transparency in the formation process poses vulnerabilities both domestically and internationally. |
