September 7, 2016
Today global investors managing over $740 billion in assets are calling for the U.S. government to require all American companies to report their real owners and to keep that information updated. This call comes as Global Financial Integrity and Global Witness highlighted a range of financial and non-financial risks posed to companies and investors from anonymous company owners.
Drawing on ten cases involving anonymous companies, Chancing it: How secret company ownership is a risk to investors is released in Singapore as hundreds of investors gather at the PRI in Person conference and shows how corporate secrecy can damage the global economy, and hurt unwitting investors and pension fund holders.