BRUSSELS (Reuters) - EU lawmakers voted on Tuesday to let the public see data about the owners of trusts and companies, tightening draft anti-money-laundering legislation that would have given such access to tax authorities but not to journalists and activists.
The amendment, passed by an overwhelming majority in the economic committee of the European Parliament, rejects the British government's traditional policy of protecting the privacy of inheritance trusts.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!