What to read after Behind the Corporate Veil?

Governments and regulatory bodies are realising that some corporate entities, ranging from corporations and trusts to foundations and partnerships, are often misused for money laundering, bribery and corruption, shielding assets from creditors, tax evasion, self-dealing, market fraud, and other illicit activities. This report looks at ways to combat the misuse of corporate entities. It shows that the types of corporate entities misused most frequently are those that provide the greatest degree of anonymity to their beneficial owners. With that in mind, it offers governments and other relevant authorities a menu of policy options for obtaining information on the beneficial ownership and control of corporate entities in order to combat their misuse for illicit purposes. This report was prepared by the OECD Steering Group on Corporate Governance and derestricted by the Council under the title Report on the Misuse of Corporate Vehicles for Illicit Purposes.