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British officials disclosed plans Thursday to require banks to screen their customers against a list of undocumented immigrants as part of a broader initiative to reduce unlawful migration. The proposed legislation would rectify a "loophole" that exempts the wages made by illegal immigrants from confiscation provisions in the Proceeds of Crime Act, the U.K. Home Office said. The office will formally propose the immigration controls on Wednesday in the governmental agenda outlined in a speech by Queen Elizabeth II. Last year's Immigration Act barred banks and building societies from opening accounts for individuals illegally in the country, said a spokeswoman...