OECD Beneficial Ownership / Malaysia judiciary report / US-China BRI debate

A Beneficial Ownership Implementation Toolkit (Resource).  The first ever beneficial ownership toolkit was released in the context of the OECD’s Global Integrity and Anti-Corruption Forum, intended to help governments implement the Global Forum’s standards on ensuring that law enforcement officials have access to reliable information on who the ultimate beneficial owners are behind a company or other legal entity so that criminals can no longer hide their illicit activities behind opaque legal structures.

OECD: http://www.oecd.org/tax/transparency/beneficial-ownership-toolkit.pdf

 

Malaysia Judiciary and UNDP launch IFCE report.  UNDP supported the Malaysian judiciary to undertake a self-assessment survey based on the International Framework for Court Excellence framework, as well as UNDP’s Judicial Integrity Checklist intended for use by courts judicial integrity while recognising that judicial integrity measures are most effective when they are embedded into broader quality management systems that promote court excellence. This support and process resulted in the report launched.

United Nations Development Programme: http://www.my.undp.org/content/malaysia/en/home/presscenter/IFCE.html

 

US says China’s Belt and Road project has problems with corruption, debt, opacity and environmental damage.  The United States clashed with China at the UN Security Council over Beijing’s Belt and Road initiative, saying the infrastructure investment scheme had “known problems” with corruption and debt distress.

Hong Kong Free Press: https://www.hongkongfp.com/2019/03/17/us-says-chinas-belt-road-project-problems-corruption-debt-opacity-environmental-damage/