Jason Sharman: new book on money laundering
A review of Sharman's book in The Economist highlighted his research, which updates earlier work.
As a test, he tried creating companies in various places without using a real (verified) ID. Of the 47 providers of registration services he approached in OECD countries, no fewer than 35 agreed to form shell companies without requiring proper documents. Some also helped to open bank accounts. Classic tax havens were on the whole much more rigorous.The Economist review appears to be a little confused about what a tax haven is but it nevertheless highlights this crucially important point, which bears repeating, repeatedly.