Arnald What do you mean by "controlled"? Do you mean beneficially owned by "sham nominees", ie sham owners fronting for a third party? Not sure that "controlled" is quite what you mean if I understand you correctly. If you mean "could a local FSP be duped by not identifying the correct ultimate beneficial energy/principal of a structure then I guess anything is possible, but in practice we all take extensive steps to properly identify the principals, obtain professional references to back up their alleged source of wealth, carry out extensive Internet checks to to verify whether the person purporting to engage us really appears to be the true beneficial oner of the assets in question. We would get closed don by GFSC and potentially even jailed if we fail to take our AML obligations seriously. So it's possible, as indeed is any crime by a committed criminal, but is it likely? Not in my view. If I was a crook, there are far easier places than Guernsey to hide one's ill gotten gains. Transparency is most unlikely to ever come. The right to privacy is a strong one.
Voice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.
