Who controls European businesses?
Transcrime corner - 2nd chapter
Who controls European businesses? Providing an answer to this question is important for a wide array of stakeholders: local and central governments, for policy-planning; tax agencies, for identifying tax evasion and tax elusion schemes; antitrust authorities, for identifying collusion schemes and preventing market concentration. It is also very relevant for anti-money laundering and anti-corruption authorities, in order to ensure that companies are not exploited to conceal illicit financial flows and hide criminals. Despite the relevance of this topic, knowing who are the owners of European businesses is not always easy.
Transcrime corner is an initiative born from the collaboration between Transcrime and Il Sole 24 Ore that consists of periodic in-depth analysis related to the dynamics of criminal phenomena with a strong economic and social impact. In this second chapter, we talk about opacity of business ownership in Europe, including several references to United Kingdom with a view of Brexit.
Transcrime Corner is a joint initiative born from the collaboration between Transcrime and Il Sole 24 Ore that consists of periodic in-depth analysis related to the dynamics of criminal phenomena with a strong social impact. View all stories from this series
