CAC pushes unified corporate registers to curb illicit finance

punchng.com · economy
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Nigeria's Corporate Affairs Commission is calling for the country's beneficial ownership registers to be merged into a single unified system. The goal is to stop people hiding behind shell structures to move dirty money. The commission argues that harmonised records would make it harder to launder funds or run illicit financial flows through Nigerian companies.

The Corporate Affairs Commission is calling for the harmonisation of Nigeria’s beneficial ownership registers to curb illicit financial flows and money lau Read More: https://punchng.com/cac-pushes-unified-corporate-registers-to-curb-illicit-finance/

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