G8 PLEDGE TRANSPARENCY ON BENEFICIAL OWNERSHIP
June 1st, 2013
THE LEADERS of eight of the world's leading economies have pledged to crack down on misuse of companies and legal arrangements to evade tax and launder money.It raises the prospect of national registries of beneficial ownership for companies and trusts in Canada, France, Germany, Italy, Japan, Russia, USA, and in the UK, which had already announced plans to force registration of beneficial ownership at Britain’s Companies House registry.In a Statement of Principles issued at the G8 meeting chaired by UK Prime Minister David Cameron in Northern Ireland, the ...
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