‘A mockery’: how offshore tax havens are thwarting the UK’s transparency push

Critics say ownership registers are too costly and too complicated, scuppering attempts to expose alleged money laundering Since Britain’s offshore secrecy jurisdictions caved in to pressure from Westminster to embrace corporate transparency, finding out who owns a company in one of these island havens is, in theory at least, a piece of cake. Take the Cayman Islands. Continue reading...

This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.