British Columbia's beneficial ownership public registry to be 'game changer'

Pedro Gonçalves
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British Columbia's beneficial ownership public registry to be 'game changer'

The British Columbia (B.C.) provincial government has launched a consultation on the implementation of a public registry of corporate beneficial ownership in what would be a "game changer" given the widespread concerns of dirty money flowing into the province. Legislation is already under way in various provinces to compel private corporations incorporated under the Canada Business Corporation Act to maintain closed registers. Now, Finance minister Carole James is starting a process to make...

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