04736cam a22006498i 4500 9781003425120 FlBoTFG 20251030122245.0 m o d cr ||||||||||| 231011s2024 enk ob 001 0 eng OCoLC-P eng rda OCoLC-P 9781003425120 (ebook) 1003425127 9781040000557 (electronic bk. : EPUB) 104000055X (electronic bk. : EPUB) 9781040000489 (electronic bk. : PDF) 1040000487 (electronic bk. : PDF) 9781032537603 (hardback) 9781032544823 (paperback) 10.4324/9781003425120 doi (OCoLC)1404058389 (OCoLC-P)1404058389 K726 LAW 026000 bisacsh BUS 010000 bisacsh LAW 009000 bisacsh JKV bicssc Beckett, Paul, 1956- author. 94436 Beneficial ownership and legal responsibility : concealment, avoidance, and impunity / Paul Beckett. Abingdon, Oxon [UK] ; New York, NY : Routledge, 2024. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier The law of financial crime Introduction : the damned for concealment, avoidance, and impunity -- What is meant by "ownership"? -- Privacy, confidentiality, and corporate governance -- Disclosure and registration inititatives -- Chimeric structures : concealment, avoidance, and impunity -- Crypto-assets -- Afterword. "This book explores the connection between ownership, on one hand, and immunity from legal responsibility, on the other. It presents a definition of the concept of beneficial ownership, the reasons for its concealment, and failures in international legal structures and arrangements. Globally, States confront complex criminality, such as corruption, tax evasion, doctrinal fanaticism, trafficked slaves, terrorism and war. At the personal level, men and women may seek to escape their creditors, to disinherit unwanted heirs, to cheat divorced partners and to appear straightforward when this is not the case. The response of politicians and regulators has been a global State initiative to identify beneficial owners via public registers to promote transparency and accountability. Yet, at the same time, there is an equally powerful global and personal counter-initiative to promote beneficial ownership avoidance. Where there is no owner, there is no accountability. This book examines what "ownership" means in legal terms across multiple legal systems and explains why singling out "ownership" as being pivotal to State and personal accountability is a strategy both flawed and disingenuous. It is argued that an apparent lack of political will coupled with shape-shifting definitions of "ownership" have resulted in tokenism. Particular attention is paid to those "orphan" structures which have evolved from standard models or which have been designed for the purpose in each case of facilitating ownership concealment and avoidance. The author explains how the virtual world of the blockchain, crypto-assets and cryptocurrency, and virtual entities such as the Decentralised Autonomous Organisation (DAO), all of which elude legal classification, have opened a new world of possibilities. Applicable across all jurisdictions and legal systems, the book will be a valuable resource for academics, researchers and policy-makers working in the areas of Financial Crime, Regulation, Compliance, Business and Accountancy"-- Provided by publisher. OCLC-licensed vendor bibliographic record. Possession (Law) 94437 Liability (Law) 94438 Concealment (Criminal law) 94439 Privacy, Right of. 57412 Corporate governance Law and legislation. 94440 Confidential communications. 94441 Cryptocurrencies Law and legislation. 94442 Avoidance (Psychology) 94443 Impunity. 94444 LAW / Criminal Law / General bisacsh 94445 BUSINESS & ECONOMICS / Business Law bisacsh 93210 LAW / Business & Financial bisacsh 93429 Taylor & Francis https://www.taylorfrancis.com/books/9781003425120 OCLC metadata license agreement http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf E-Books 67798 67798