Corporate veil dropping: British crown dependencies make beneficial ownership registers public, US takes baby steps

After years of dragging their heels, and to the surprise of many in the international community, the British Crown Dependencies of Jersey, Guernsey, and the Isle of Man announced on June 19 that they will provide public access to beneficial ownership registers. On June 11 the United States made the first steps with proposed legislation to implement beneficial ownership registers. Should you be concerned?

Click here to read the full article on the MNE Tax website.