UK: Parliament rejects attempt to force public company registries on British Overseas Territories
8 June 2017
Attempts by UK members of parliament to add a last-minute amendment to the Criminal Finances Bill, requiring British Overseas Territories to create fully public registers of the beneficial ownership of companies, have failed to reach the statute book.
The bill passed its last parliamentary stages in the House of Lords yesterday (27 April 2017) in the so-called 'wash-up' procedure triggered by the general election announcement, without any vote being taken on the proposed amendment.
www.taxjustice.net
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