EU Parliament backs corporate transparency

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Euractiv has reported that the European Parliament adopted yesterday an overhaul of EU anti-money laundering rules which includes the introduction of publicly accessible registers for companies and trust owners. This has long been a goal of the tax justice movement. The European Parliament backed up the proposal with 643 favourable votes, while 30 MEPs voted against, and 12 abstained. 

There is, of course, now the problem of getting the Commission to deliver on this issue and in getting member states to comply, but wins do have to be noted.