G20 embraces crackdown on tax havens, warns over 'Brexit'

The world's leading economies took a step Friday toward denying tax evaders and money launderers around the world the ability to hide behind anonymous shell companies. Acting in the wake of the Panama Papers scandal, finance chiefs of the Group of 20 powers meeting in Washington supported proposals requiring authorities to share the identities of the real owners of shell companies. Making the beneficial owners of companies, trusts and foundations transparent "is vital to protect the integrity of