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Irish Left Review
Joined up thinking for the Irish Left

offsite link New Books Worth Reading Mon Sep 19, 2016 23:25 | Seán Sheehan

offsite link 13 Billion ? Lucky for some? Mon Sep 05, 2016 13:04 | Tony Phillips

offsite link Rebuilding Ireland: Long on Promise, Short on Detail Mon Aug 29, 2016 22:20 | Eoin O'Mahony

offsite link Brexit and Other Issues: Comments on the Current Situation Mon Aug 29, 2016 21:52 | Brendan Young

offsite link Bin Charges: From Private Circus to Public Service Tue Jun 21, 2016 12:38 | Michael Taft

Irish Left Review >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Ireland and The Russian Revolution 19:26 Wed Aug 23, 2017 | irishelectionliterature

offsite link And what of a UI in a post-Brexit world? 11:59 Wed Aug 23, 2017 | WorldbyStorm

offsite link Reflections on the proposals for extending Cork city boundary, the ILP and some unasked for advice! 11:04 Wed Aug 23, 2017 | guestposter

offsite link Surely not? 09:30 Wed Aug 23, 2017 | WorldbyStorm

offsite link What you want to say ? 23rd August 2017 03:10 Wed Aug 23, 2017 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

NAMA Wine Lake >>

Bipartisan Senate ‎and House Bills Tackle Abusive Shell Company Practices

category international | elections / politics | press release author Thursday August 03, 2017 21:22author by Abby Wilhelm - Jubilee USA Network Report this post to the editors

Religious Development Group Welcomes Transparency Legislation

Senator Marco Rubio (R-FL) and Senator Ron Wyden (D-OR) introduced the Corporate Transparency Act.

Senator Marco Rubio (R-FL) and Senator Ron Wyden (D-OR) introduced the Corporate Transparency Act. The bill requires corporations to register the identities of the owners who benefit from the business. The information is then available for law enforcement to identify those who are responsible for crime and corruption. ‎Representatives Carolyn Maloney (D-NY) and Peter King (R-NY) introduced companion legislation in the House in June.

“When we can't find the names of people who actually own and benefit from a company, we can't find perpetrators who used the company to take advantage of poor and vulnerable people," noted Eric LeCompte, Executive Director of the religious development group Jubilee USA. "Anonymous shell companies can be used by corrupt government officials to steal money from their people and by human traffickers who are trying to secretly move money.”

Both bills in front of Congress allow the US Treasury Secretary to collect "beneficial ownership" information for all US companies unless the state where the company was formed opted to collect this information instead.

“The developing world loses a trillion dollars a year because of secrecy, tax evasion and corruption. This legislation helps address one of the ways money secretly leaves poor economies," noted LeCompte. “Senator Rubio and Senator Wyden are moving legislation forward that protects the poor, defends human rights and makes us all safer.”

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