i-law

Money Laundering Bulletin

Doing free ports right: a UK challenge

The chance to operate with minimaloversight, red tape, tariffs and tax may prove free ports irresistible to thosebusinesses in the UK or considering setting up there, which are primarilyinterested in legitimate manufacturing for export but such zones could also appealto operators with something to hide. Stephen Baker and Eleanor Daviesof Baker & Partners chart the benefits and risks.

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