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Tracking beneficial ownership in US will be 'high priority' for Treasury, Yellen tells Senate hearing

( January 19, 2021, 18:26 GMT | Official Statement) -- MLex Summary: Establishing a registry of the beneficial owners of small corporations and limited liability companies will be a "high priority" for the US Treasury, Janet Yellen told the Senate Banking Committee during her confirmation hearing. The Treasury nominee said a law enacted in December is a "potent tool" for addressing anonymous shell companies.Statement follows....

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