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At the time of writing the UK government has agreed an amended bill which will see British Overseas Territories required to make public the beneficial owners of companies based in the territories. The recent exposés of the Panama papers, and the Paradise papers, have provided significant impetus in this drive for transparency, and the promulgation of what are seen as ethical business practices. A similar push was provided 8 years ago with the passing into law of the Bribery Act 2010 which sought to ensure that UK firms acted in an ethical manner, whether in the UK or abroad. The...

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