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Hong Kong is giving itself another identity crisis - Vimarsana News

Hong Kong is giving itself another identity crisis

Apr 20, 2021 The Hong Kong government’s proposal to let directors obscure their identities on company registers is a retrograde step that will facilitate fraud and corruption. Don’t take a journalist’s word for it. Don’t listen to the legal profession, which said in 2009 that ID numbers should be fully disclosed. Don’t pay heed to the accountants and corporate governance experts who warn that access to such information is vital. And don’t worry about the investors who say Hong Kong’s public registries have helped bring transparency and accountability to official and cor...

Hong Kong's zealous anti-doxxing campaign could make it even easier to hide dirty money in the city - Vimarsana News

Hong Kong's zealous anti-doxxing campaign could make it even easier to hide dirty money in the city

endIndex: All the above exist in Hong Kong and were exposed, in part, by investigations using Hong Kong's Companies Registry, a public database that has become the subject of a fierce debate between the city's government and a coalition of investors, lawyers, journalists and advocates for transparent governance. Though the registry's online search engine looks and operates like it was created 20 years ago, it is a crucial tool for a smattering of industries because it contains identifying information for the nearly 1.4 million active companies in Hong Kong — and the people in charge of t...