Five EU Countries Announce Plans to Develop Multilateral System for Automatic Exchange of Beneficial Ownership Info and G20 Listens
On 14 April 2016, Finance Ministers from France, Germany, Italy, Spain, and the United Kingdom (G5) announced plans to develop a multilateral system for the automatic exchange of beneficial ownership information. The announcement was made during the IMF-World Bank 2016 spring meeting held in Washington, D.C., and was followed by support for action on transparency and beneficial ownership in a G…
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