Government says it will support bill amendment designed to stem global flow of ‘dirty money’

Britain’s overseas territories will have to introduce public ownership registers, after a minister announced the government would support a backbench amendment designed to stem the global flow of “dirty money”.

Sir Alan Duncan, the Foreign Office minister, told the Commons that the Conservatives recognised “the majority view in this house” and that the government would not oppose an amendment to the sanctions and anti-money laundering bill put down by the Labour MP Margaret Hodge and the Conservative MP Andrew Mitchell.

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