Sentences with phrase «transparency around asset»

This measure is also expected to raise transparency around asset quality.

Not exact matches

While Denmark and Slovenia have increased transparency around company ownership, Eurodad says that similar efforts have been curtailed in Luxembourg and Germany, which have sanctioned use of shell companies, trusts, holdings and foundations that can help obscure the source of assets and cash.

Moreover, while a focus on reporting of companies» carbon emissions is important, we suggest that improving reporting of and transparency around carbon asset risk — an on - going focus of the Bank of England — should be a priority for the Government.

What this all means for Canadian taxpayers is that countries around the world are beginning to take note of the success that anti-tax evasion legislation is having, and both the tax authorities and major banks are starting to increase transparency in an effort to prevent taxpayers from hiding offshore assets through jurisdictions that are were traditionally known for their secrecy.

The perceived downsides to pre-packs (as voiced by many in the property industry) revolve around the lack of transparency, the inability of creditors to be involved in the process and, where «phoenix» pre-packs are involved (where the assets are sold back to the original management of the business), the perceived unfairness of allowing the business to cherry pick the best assets and «dump» the rest (often leases).