- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
I find myself agreeing with the caping of donations at $30000 but also the public register of lobbyists is a fantastic addition. Get big influence out of our politics!
I find myself agreeing with the caping of donations at $30000 but also the public register of lobbyists is a fantastic addition. Get big influence out of our politics!
Billionaires: roight. Ill just make a thousand donations from each of my shell companies, then.
Seriously: its a start, but how does this stop the mega donors from doing just that?
In the finance industry we call this KYC Know Your Customer, specifically the “beneficial owner”.
You tie the funds back to the top-most owner in any structure.
You’re also supposed to vett that the funds have providence for AML (Anti-Money Laundering).
If that industry can do it, so can parliamentary services or whomever would enforce it.
Didnt a bunch of these rules come in world wide due to the Panama Papers leak? you hear almost nothing about it but a whole bunch of laws about KYC came in from the panama papers investigation, its one of the reasons why trusts got a big nerf.
there is a whole bunch to dig into but this look like a good start https://en.wikipedia.org/wiki/Panama_Papers
It was around the same time. I’m not sure if there was a causal relationship.
ahh… by the second part of the head line?