Labour will demand public register for UK’s territories

(CNS): If the Labour party wins the UK general election in May, the Cayman Islands and other British overseas territories will be required to introduce publicly accessible beneficial ownership registries or face blacklisting. Ed Miliband has reportedly written to all of the UK’s overseas territories to warn them what he will expect should he be the next UK prime minister. If they don’t they could find themselves on a “tax havens” list and incur sanctions.

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