Fears that EU measures against financial crime will be weakened
21 Dec 2016

Efforts to tackle tax abuse and financial crime are at risk of being weakened by new European council proposals that would restrict public access to key company information, civil society groups have warned.

Only those with a “legitimate interest” should be able to identify a beneficial, or true, owner of a company in a European Union member state, according to a new draft text on the EU anti-money-laundering directive.

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