When it comes to reining in sanctioned Russian wealth, the West faces a multitude of challenges. As Russian oligarchs are finding, somebody always loves a billionaire.
Researchers from the EU Tax Observatory and the World Inequality Lab argue that a comprehensive overview of assets held by wealthy individuals is needed to implement the sanctions against Russian individuals effectively.
The Fiji Times » Think tank calls for EU database to help trace oligarchs assets fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
BRUSSELS (Reuters) - The European Union should create an asset database to help to track down the owners of assets held by shell companies and make EU sanctions against Russian oligarchs more effective, a think tank said on Wednesday.