The Puppet Masters : How the Corrupt
            Use Legal Structures to Hide Stolen Assets and What to Do
            About It

van der Does de Willebois, Emile; Halter, Emily M.; Harrison, Robert A.; Park, Ji Won; Sharman, J. C.

dc.creator	van der Does de Willebois, Emile
dc.creator	Halter, Emily M.
dc.creator	Harrison, Robert A.
dc.creator	Park, Ji Won
dc.creator	Sharman, J. C.
dc.date	2012-03-19T09:04:53Z
dc.date	2012-03-19T09:04:53Z
dc.date	2011
dc.date.accessioned	2023-02-17T20:35:18Z
dc.date.available	2023-02-17T20:35:18Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20111104035215
dc.identifier	978-0-8213-8894-5
dc.identifier	http://hdl.handle.net/10986/2363
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242741
dc.description	This report, the puppet masters, deals with the corporate and financial structures that form the building blocks of hidden money trails. In particular, it focuses on the ease with which corrupt actors hide their interests behind a corporate veil and the difficulties investigators face in trying to lift that veil. It serves as a powerful reminder that recovering the proceeds of corruption is a collective responsibility that involves both the public and private sector. Law enforcement and prosecution cannot go after stolen assets, confiscate and then return them if they are hidden behind the corporate veil. All financial centers and developed countries have committed, through the UN Convention against Corruption and international anti-money laundering and countering the financing of terrorism standards, to improving the transparency of legal entities and other arrangements. This report provides evidence of how far we still have to go to make these commitments a reality. Narrowing the gap between stated commitments and practice on the ground has a direct impact on actual recovery of assets.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ABUSE
dc.subject	ACCOUNTABILITY
dc.subject	ACCOUNTING
dc.subject	ACQUISITION
dc.subject	ADVERTISEMENT
dc.subject	ANTI-CORRUPTION
dc.subject	ANTI-MONEY LAUNDERING
dc.subject	ANTICORRUPTION
dc.subject	ANTICORRUPTION COMMISSIONS
dc.subject	ARTICLES OF INCORPORATION
dc.subject	BANKS
dc.subject	BENEFICIAL OWNER
dc.subject	BENEFICIAL OWNERS
dc.subject	BENEFICIARIES
dc.subject	BENEFICIARY
dc.subject	BIDDING
dc.subject	BOARD MEMBERS
dc.subject	BRIBE
dc.subject	BRIBERY
dc.subject	BUSINESS CORPORATION
dc.subject	BUSINESS RELATIONSHIP
dc.subject	BUSINESSES
dc.subject	CASH PAYMENTS
dc.subject	CERTIFICATE
dc.subject	CHARTER
dc.subject	CHIEF EXECUTIVE
dc.subject	CHIEF FINANCIAL OFFICER
dc.subject	CIVIL SOCIETY
dc.subject	CLAIM
dc.subject	COLLECTION OF INFORMATION
dc.subject	COLLECTIVE
dc.subject	COMMERCE
dc.subject	COMMERCIAL REGISTERS
dc.subject	COMPANIES REGISTRY
dc.subject	COMPANY
dc.subject	COMPANY LIMITED
dc.subject	COMPANY REGISTRATION
dc.subject	COMPANY REGISTRIES
dc.subject	COMPANY REGISTRY
dc.subject	COMPLIANCE OFFICER
dc.subject	COMPLIANCE OFFICERS
dc.subject	CONFIDENCE
dc.subject	CONTRACTUAL RIGHTS
dc.subject	COPYRIGHT
dc.subject	CORPORATE AFFAIRS
dc.subject	CORPORATE BODIES
dc.subject	CORPORATE ENTITIES
dc.subject	CORPORATE ENTITY
dc.subject	CORPORATE OWNERSHIP
dc.subject	CORPORATE STRUCTURE
dc.subject	CORPORATE STRUCTURES
dc.subject	CORPORATE VEIL
dc.subject	CORPORATION LAWS
dc.subject	CORPORATIONS
dc.subject	CORRUPT
dc.subject	CORRUPT OFFICIAL
dc.subject	CORRUPT OFFICIALS
dc.subject	CORRUPTION INVESTIGATION
dc.subject	CORRUPTION INVESTIGATIONS
dc.subject	COURT OF JUSTICE
dc.subject	CREDITORS
dc.subject	CRIME
dc.subject	CRIME INVESTIGATIONS
dc.subject	CRIMINAL
dc.subject	CRIMINAL PENALTIES
dc.subject	CROSS-BORDER TRANSACTIONS
dc.subject	DAY-TO-DAY OPERATIONS
dc.subject	DEBT
dc.subject	DELAWARE
dc.subject	DEPOSIT
dc.subject	DISCLOSURE REQUIREMENTS
dc.subject	DIVIDENDS
dc.subject	DOMESTIC LAWS
dc.subject	DUE DILIGENCE
dc.subject	E-MAIL
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	EMBEZZLEMENT
dc.subject	ENFORCEABILITY
dc.subject	ESTATE
dc.subject	ESTATE AGENTS
dc.subject	EXCHANGE ACT
dc.subject	FIDUCIARY OBLIGATIONS
dc.subject	FINANCIAL ACCOUNTS
dc.subject	FINANCIAL AFFAIRS
dc.subject	FINANCIAL ASSETS
dc.subject	FINANCIAL CRIME
dc.subject	FINANCIAL CRIMES
dc.subject	FINANCIAL FLOWS
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INTELLIGENCE
dc.subject	FINANCIAL INTELLIGENCE UNIT
dc.subject	FINANCIAL INTELLIGENCE UNITS
dc.subject	FINANCIAL INTERMEDIARY
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL REPORTING
dc.subject	FINANCIAL SERVICE
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCIAL TRANSPARENCY
dc.subject	FOREIGN CORRUPT PRACTICES
dc.subject	FOREIGN CORRUPT PRACTICES ACT
dc.subject	FOREIGN LAW
dc.subject	FOREIGN LAWS
dc.subject	FRAUD
dc.subject	GENERAL PARTNERSHIPS
dc.subject	GOOD FAITH
dc.subject	GOVERNMENT CONTRACTS
dc.subject	GOVERNMENT OFFICIALS
dc.subject	GOVERNMENT REGULATION
dc.subject	GOVERNMENT SERVICES
dc.subject	GRAND CORRUPTION
dc.subject	ID
dc.subject	IDENTIFICATION NUMBER
dc.subject	ILL-GOTTEN WEALTH
dc.subject	IMAGE
dc.subject	IMPROPER PAYMENTS
dc.subject	INCORPORATED
dc.subject	INDIVIDUALS
dc.subject	INFORMATION SHARING
dc.subject	INITIATIVE
dc.subject	INTEGRITY
dc.subject	INTELLECTUAL PROPERTY
dc.subject	INTERNATIONAL BUSINESS
dc.subject	INTERNATIONAL POLICY
dc.subject	INTERNATIONAL STANDARD
dc.subject	INTERNATIONAL STANDARDS
dc.subject	INTERNATIONAL TRADE
dc.subject	INVESTIGATION
dc.subject	INVESTIGATIONS
dc.subject	INVESTIGATIVE BODIES
dc.subject	INVESTIGATOR
dc.subject	INVESTIGATORS
dc.subject	INVESTMENT BANKING
dc.subject	JUDGEMENT
dc.subject	JURISDICTION
dc.subject	JURISDICTIONAL AUTHORITIES
dc.subject	JURISDICTIONS
dc.subject	JUSTICE
dc.subject	LAW ENFORCEMENT
dc.subject	LAWYERS
dc.subject	LEADERSHIP
dc.subject	LEGAL AUTHORITY
dc.subject	LEGAL ENTITIES
dc.subject	LEGAL ENTITY
dc.subject	LEGAL FRAMEWORK
dc.subject	LEGAL MECHANISMS
dc.subject	LEGAL OWNERSHIP
dc.subject	LEGAL PERSON
dc.subject	LEGAL PERSONS
dc.subject	LEGAL PRIVILEGE
dc.subject	LEGAL PROFESSIONAL
dc.subject	LEGAL REQUIREMENTS
dc.subject	LICENSES
dc.subject	LIMITED
dc.subject	LIMITED LIABILITY
dc.subject	LIMITED LIABILITY COMPANIES
dc.subject	LIMITED LIABILITY COMPANY
dc.subject	LIMITED LIABILITY PARTNERSHIP
dc.subject	LIMITED PARTNERSHIP
dc.subject	LIMITED PARTNERSHIPS
dc.subject	LTD.
dc.subject	MAJOR SHAREHOLDERS
dc.subject	MAJORITY SHAREHOLDER
dc.subject	MATERIAL
dc.subject	MINISTER
dc.subject	MONEY LAUNDERING
dc.subject	MULTINATIONAL
dc.subject	MUTUAL LEGAL ASSISTANCE
dc.subject	NATURAL PERSONS
dc.subject	OFFENSE
dc.subject	OWNERSHIP INFORMATION
dc.subject	PARTNERSHIP
dc.subject	PDF
dc.subject	PENALTIES
dc.subject	PERSONAL PROPERTY
dc.subject	PERSONAL PROPERTY SECURITY
dc.subject	PIERCING THE CORPORATE VEIL
dc.subject	POLICE
dc.subject	POLITICIANS
dc.subject	POSSESSION
dc.subject	PRIVATE COMPANIES
dc.subject	PRIVATE SECTOR
dc.subject	PROSECUTION
dc.subject	PROSECUTORS
dc.subject	PROXY
dc.subject	PUBLIC FUNDS
dc.subject	QUERIES
dc.subject	RECEIVER
dc.subject	RECOVERY OF ASSETS
dc.subject	REGISTRAR OF COMPANIES
dc.subject	REGULATORY AUTHORITY
dc.subject	REGULATORY FRAMEWORKS
dc.subject	REGULATORY OBLIGATIONS
dc.subject	RESULT
dc.subject	RESULTS
dc.subject	SANCTIONS
dc.subject	SCANDAL
dc.subject	SCANDALS
dc.subject	SEARCH
dc.subject	SEARCH FACILITIES
dc.subject	SECURITIES
dc.subject	SERVICE PROVIDER
dc.subject	SERVICE PROVIDERS
dc.subject	SETTLEMENT
dc.subject	SHAREHOLDER
dc.subject	SHAREHOLDERS
dc.subject	SOCIETY
dc.subject	SOLE PROPRIETORSHIP
dc.subject	SOLICITATION
dc.subject	STATUTORY EXCEPTIONS
dc.subject	STOCKHOLDERS
dc.subject	STOCKS
dc.subject	SUBSIDIARIES
dc.subject	SUBSIDIARY
dc.subject	TAX HAVEN
dc.subject	TAX HAVENS
dc.subject	TELECOMMUNICATIONS
dc.subject	TELEPHONE
dc.subject	TERRORISM
dc.subject	TITLE
dc.subject	TRUST LAW
dc.subject	TRUSTEE
dc.subject	TRUSTEES
dc.subject	TRUSTS
dc.subject	UNION
dc.subject	USES
dc.subject	VERIFICATION
dc.subject	WEB
dc.subject	WHISTLE-BLOWERS
dc.title	The Puppet Masters : How the Corrupt Use Legal Structures to Hide Stolen Assets and What to Do About It
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication

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