Children play on a viewing platform in Hong Kong as the city’s skyline is reflected in the glass panels. Hong Kong has long been a centre for processing questionable money flows. As a major financial player, it is under pressure to be truly compliant with global governance norms. Photo: AFP
Hong Kong, a hub for corporate offshore schemes, must ensure disclosure rules are truly effective
Jane Moir says the authorities’ plan to require companies to reveal their controlling owners, in the wake of the Panama Papers scandal, does not go far enough
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Panama Papers
Children play on a viewing platform in Hong Kong as the city’s skyline is reflected in the glass panels. Hong Kong has long been a centre for processing questionable money flows. As a major financial player, it is under pressure to be truly compliant with global governance norms. Photo: AFP