BVI and others say they will not sign up to public register to expose money launderers as Cameron prepares for key summit
Key UK overseas territories led by the British Virgin Islands are still resisting David Cameron’s calls to make fresh concessions on ending tax secrecy at the prime minister’s anti-corruption conference in London on Thursday.
The overseas territories have said they will not sign up to public central registers of beneficial ownership, one of the key demands of the charities and anti-corruption campaign groups eager to expose the money launderers hiding their gains in the BVI and elsewhere.
Related: Offshore finance: more than $12tn siphoned out of emerging countries
Continue reading...