Global Shifts in the Registry World This Week
This week’s Registry News features important updates in the registry landscape, touching on everything from anti-money laundering efforts to new discussions around shipping registries and corporate secrecy. These stories highlight the continuous evolution of registry systems and their critical role in combating illicit activities and improving transparency worldwide.
Here’s a roundup of the top stories:
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Maldives: Registrar of Companies Mariyam Visam Resigns After 11 Years in Office
After over a decade of service, Mariyam Visam has resigned as the Registrar of Companies in the Maldives, a move that could bring significant changes to the country's corporate landscape. Read more -
Canada: Strengthening Anti-Money Laundering Framework
The Canadian government has introduced new regulatory amendments aimed at strengthening the country’s anti-money laundering framework, ensuring greater financial transparency. Read more -
Saint Maarten: IMO Flagged About Questionable Shipping Flags
Saint Maarten is facing scrutiny after the International Maritime Organization (IMO) flagged two new shipping flags with questionable credentials, raising concerns about maritime safety and compliance. Read more -
Solomon Islands: Discussions on International Shipping Registry with Tuvalu
The Solomon Islands and Tuvalu are in talks to create an international shipping registry that could improve regulatory oversight and safety across the global maritime sector. Read more -
United States: Reinstating Corporate Secrecy Protects Criminals, Not Small Businesses
There’s concern in the US that reinstating corporate secrecy may protect money launderers and foreign criminals, potentially undermining efforts to enhance transparency and accountability in business. Read more -
Botswana: OBRS System Upgrade for Enhanced User Experience
Botswana’s Online Business Registration System (OBRS) is undergoing an upgrade to improve the user experience and enhance the system’s functionality. Read more -
UK: Companies House Reform – ID Verification Coming Soon
The UK’s Companies House is moving forward with reforms that will introduce ID verification for businesses, aiming to improve security and prevent fraud. Read more -
South Africa: New Licensing Bill to Help with Business Registration
South Africa’s new licensing bill is designed to streamline the process of registering businesses, improving accessibility and reducing barriers to entry. Read more -
United States: Federal Immigration Registry Unveiled
The federal immigration registry in the US is being reintroduced, raising discussions about privacy, regulation, and enforcement in immigration policies. Read more -
Ukraine: Nearly 90,000 Companies Opened by Ukrainians in Poland Since War Began
As a result of the ongoing conflict, nearly 90,000 companies have been opened by Ukrainians in Poland, showcasing the resilience and entrepreneurial spirit of the displaced population. Read more -
United States: Millions in Covid Relief Funds Went to Shadowy Companies
A report reveals that millions in Covid relief funds were funneled to shadowy companies registered at a Wyoming storefront, raising concerns about fraud and the abuse of government programs. Read more -
Tanzania: BRELA Revokes Registration of 11 LBL Companies
Tanzania’s Business Registration and Licensing Authority (BRELA) has revoked the registration of 11 companies for failing to comply with the country’s business regulations. Read more
Stay updated by visiting often our "Registry News Weekly" summary and the Foster Moore blog for more insights on these stories and other key registry news.
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