The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners.
The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners.
What’s the difference between arbitrary rule and a proper democracy that allows the leading party to ignore the law? Asking for a friend.
In the latter, rules more or less apply to everyone. In the former, rules apply to people the arbitrary ruler doesn’t like.