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OCT 31, 2013 - Yahoo! News

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Britain to fight 'shell companies' with new register: PM

Britain is to publish a register of who owns and controls companies to fight the "cloak of secrecy" surrounding shadowy shell firms, Prime Minister David Cameron said on Thursday. Cameron told a summit on open government in London that the register would focus attention on the international movement of money. "For too long a small minority have hidden their business dealings behind a complicated web of shell companies -- and this cloak of secrecy has fuelled all manner of questionable practice and downright illegality," he said. Britain made tax transparency a central ... Read More

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