Sunday December 8, 2019

Submissions on register of offshore trusts urge confidentiality

Department of Finance has been approached by 19 owners

Ian Guider

Markets Editor

@ianguider
17th April, 2016
Department of Finance Pic: RollingNews.ie

Almost half of the submissions to the Department of Finance on a proposal for a public register of those who control shell companies urged the government to prevent widespread access to it. The department received 19 submissions on the so-called fourth European Union anti-money laundering directive.

It would require the state to disclose who are the beneficial owners of trusts, similar to those at the heart of the massive Panama papers leaks.

As revealed by The...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Mortgage gouging by banks does not serve society well

Matt Cooper | 3 weeks ago