Weekly Roundup: U.K. to Launch Database of Company Owners, France Investigates Swiss Bank Chairman in Tax Probe, and More

Britain will soon create a public database of company beneficial ownership information to help expose money laundering and tax evasion. The registry will include information on individuals who own more than 25 percent of a company's share or voting rights, or who control the business. More Faced with U.S. and EU sanctions, Syria has increasingly turned to second-tier Russian banks to access international markets, according to Reuters. The Commercial Bank of Syria has opened accounts with Tempbank, a small Moscow-based financial institution, the news agency reported. More French officials are investigating the chairman of Swiss private bank Reyl as part...