U.S. officials react to Panama Papers disclosures with get-tough proposals

May 6, 2016 1:15 AM

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Obama administration proposes national registry documenting the real owners of shell companies and other measures aimed at fighting offshore chicanery

In the wake of the public firestorm sparked by the Panama Papers scandal, the Obama administration unveiled a series of new proposals today that would crack down on offshore secrecy and illicit financial transactions.

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