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Weekly Roundup: Beneficial Ownership Rule Nears Publication, Panama Papers Spark New Resignations, and More
printThe White House's Office of Management and Budget has started its final review of the U.S. Treasury Department's proposal to require financial institutions to collect data on the beneficial owners of corporate accounts, Reuters said. The evaluation could take as long as 90 days to complete. More A pending communiqu?© from the Group of 20 nations is likely to include a recommendation that Panama improve its exchange of financial and corporate ownership data for tax purposes following the massive leak of documents from Panama-based law firm Mossack Fonseca, an unnamed official familiar with a draft of the statement told Bloomberg....
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