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Dutch Ready to Ban Use of Shell Companies With Links to Russia

  • Netherlands ready to act on its own if EU doesn’t adopt limit
  • Allowing use trust offices leaves backdoor open, Kaag says
Sigrid Kaag

Sigrid Kaag

Photographer: Bart  Maat/AFP/Getty Images

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The Netherlands is pushing for a European Union-wide effort to clamp down on the use of shell companies by wealthy Russians and businesses, and the Dutch government is ready to impose its own restrictions if the bloc doesn’t act.