James Michaels April 5, 2019
What the UN and EU needs to do at a multilateral level with USTreasury, the World Bank and EU banks, is clamp down on (a) smaller offshore jurisdictions which register anonymous companies and trusts used to front terrorist financing e.g. Seychelles (linked to Iranian terrorist financing) and (b) place enhanced controls/sanctions on the banks and these jurisdictions to restrict access to the international financial system. If sanctioned at national level they will clean up their game. These banks and company formation agents are private institutions and are beyond the reach of normal US/EU regulation. The jurisdiction wilfully turns a blind eye for revenue.