User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

Spirit of Contradiction

offsite link Electoralism vs Abstentionism (Or: Why You Should Run For Office) Fri Aug 26, 2016 17:07 | Slyvia Smith

offsite link Centrism extremism: how horseshoe-politics silences brutality Sat Jul 02, 2016 18:25 | yeksmesh

offsite link Of Tankies, Trots and Social Democrats Thu May 12, 2016 23:41 | Gavin Mendel-Gleason

offsite link Avatars of the Advanced-Capitalist Psyche – Capitain America: Civil War Mon May 09, 2016 00:07 | Gavin Mendel-Gleason

offsite link Wailings about Left Unity Sat Feb 13, 2016 01:13 | James O'Brien

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link An Garda Siochana is a corrupt police force

offsite link Catholic Church: The brutal truth Anthony

offsite link Catholic Church: Crimes against humanity Anthony

offsite link Fergus Finlay: Damaged by vile corruption? Anthony

offsite link Zimbabwe – Ireland: Same difference Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Russian Foreign Minister Sergey Lavrov?s interview to the National Interest Magazine March 29, 2017 Wed Mar 29, 2017 18:16 | Scott
Russian Foreign Minister Sergey Lavrov?s interview with the National Interest Magazine, published on March 29, 2017 http://www.mid.ru/en/foreign_policy/n... Question: I?d like to start by asking you about your forthcoming meeting with

offsite link Syrian War Report ? March 29, 2017: Advance On Jirah Military Airbase Wed Mar 29, 2017 15:43 | Scott
https://southfront.org/syrian-war-rep... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or

offsite link Not All That Tue Mar 28, 2017 23:16 | mod editor
This comment was chosen by moderator FK from the post “What happened and why”. This is an abridged version of a very long and detailed comment on military technical aspects

offsite link Syrian War Report ? March 28, 2017: ISIS Retreats From Northeastern Sweida Tue Mar 28, 2017 15:35 | Scott
https://southfront.org/syrian-war-rep... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or

offsite link World SITREP Heads and Tails Mon Mar 27, 2017 17:51 | Scott
Pentagon has finally discovered a “link between Russia and Libyan commander Haftar” Marine General Thomas Waldhauser, the head of U.S. forces in Africa told reporters on Friday March 24 that

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link #Strike4Repeal: Strike Against the Citizens? Assembly? Wed Mar 08, 2017 07:51 | Máiréad Enright

offsite link Reflections on the Citizen?s Assembly (4): The Presentation of Dr. Dónal O?Mathúna Sun Feb 26, 2017 20:19 | GuestPost

offsite link Hague Justice Journal: Call for Papers Mon Feb 20, 2017 11:13 | GuestPost

offsite link Reflections on the Citizen?s Assembly (3): The Presentation of Dr. Joan McCarthy Tue Feb 14, 2017 14:01 | GuestPost

offsite link Reflections on the Citizens Assembly (2): The Presentation of Bobbie Farsides Tue Feb 07, 2017 05:44 | GuestPost

Human Rights in Ireland >>

Treasury Extends Anti-Money Laundering Luxury Real Estate Regulations

category international | economics and finance | news report author Thursday February 23, 2017 19:05author by Greg Williams Report this post to the editors

Treasury's Financial Crimes Enforcement Network (FinCEN) renewed requirements for title insurance companies to identify the real owners behind shell companies in six major metropolitan areas.

Treasury's Financial Crimes Enforcement Network (FinCEN) renewed requirements for title insurance companies to identify the real owners behind shell companies in six major metropolitan areas. These “Geographic Targeting Orders” started in 2016 and preliminary reporting found that 30% of buyers were involved in suspicious activity. Watchdog groups like Jubilee USA are concerned that real estate purchases in places like New York and Miami are ways for corrupt officials to launder money.

“It's good news that Treasury is renewing these reporting requirements. Luxury real estate transactions can be used to launder money stolen from developing economies,” explained Eric LeCompte, Executive Director of the religious development organization Jubilee USA. "Not only can unchecked real estate purchases support corruption and tax evasion, they also drive up real estate values that leave little room for affordable housing.”

FinCEN's order applies to New York City, Los Angeles, San Diego and the Miami, San Francisco and San Antonio metropolitan areas. According to a recent report from the research organization Global Financial Integrity, developing countries lose more to corruption and tax evasion than they receive in loans, aid and other sources combined. Last year's "Panama Papers" leak revealed how shell companies can facilitate corruption and tax evasion.

“Improving global transparency is essential to solving global poverty,” stated LeCompte who serves on United Nations expert groups that focus on the financial system.

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

© 2001-2017 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy