Ministers postpone bill debate to avoid likely defeat over tax havens

MPs’ amendment would force crown dependencies to take action over money launderingMinisters have pulled a financial services bill from the House of Commons, fearing the government was almost certain to be defeated on an amendment requiring Jersey, Guernsey and the Isle of Man to clamp down on money laundering.The Conservative MP Andrew Mitchell and Labour’s Margaret Hodge want the crown dependencies to introduce public share ownership records by December 2020, which the three territo