Day: June 16, 2018

On 7^th June, the Irish Times published an article detailing those involved in the Anglo-Irish Bank case in Ireland.  It reminds one that the trial of former Anglo Irish Bank chief executive David Drumm, who was convicted on Wednesday on 2 counts of fraud, was the 6^th criminal action taken against executives of the bank since its collapse in 2009.

https://www.irishtimes.com/business/financial-services/who-s-who-of-the-anglo-trials-the-convicted-and-the-acquitted-1.3522700?src=ilaw

IOM Today on 15^th June reported that Dame Margaret Hodge and Andrew Mitchell are to visit the Isle of Man to press the case for the Manx government to create a public register of beneficial ownership.  Currently, the island’s central register of the real owners of companies is accessible only to law enforcement and tax officials.  An amendment to the UK’s Sanctions and Anti-Money Laundering Bill to force the Crown Dependencies (including the Isle of Man) to create a public register was withdrawn (although one imposing the requirement on British Overseas Territories did proceed).

http://www.iomtoday.co.im/article.cfm?id=41247&headline=Quayle%20to%20welcome%20%20MPs%27%20visit&sectionIs=news&searchyear=2018