[ap-intact] INFO: Law change clamping down on shell companies in New Zealand
[Facilitator's note: AP-INTACT shares this information as part of a special series this week on illicit financial flows.]
New laws cracking down on shell companies appear to be having an early effect, with police seeing a drop off in requests for information about New Zealand-registered firms allegedly committing crimes overseas. Any change would be an ebb in what was a rising tide of requests from overseas law enforcement agencies regarding locally registered companies.
Read the story by Hamish Fletcher, in The New Zealand Herald. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11398573
New laws cracking down on shell companies appear to be having an early effect, with police seeing a drop off in requests for information about New Zealand-registered firms allegedly committing crimes overseas. Any change would be an ebb in what was a rising tide of requests from overseas law enforcement agencies regarding locally registered companies.
Read the story by Hamish Fletcher, in The New Zealand Herald. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11398573