U.K. Said to Resist Full Disclosure on Trusts After PanamaBy and
France leading push to stop people hiding assets offshore
British official says trusts are commonly-used vehicle in U.K.
Chancellor of the Exchequer George Osborne is bracing for a row with France and other big European countries as he resists moves to make the ownership of trusts and foundations fully transparent, according to officials involved in Group of 20 talks in Washington this week.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.