Territories such as the Cayman Islands, which will be represented at the summit although the BVI and Panama will not be, say a public register is unnecessary.
Jose Ugaz, chairman of Transparency International, a leading advocacy group, welcomed the move on public registries.
“Bit by bit they are making it harder to hide the proceeds of corruption. But we need more progress on public disclosure of company information,” he said.
Robert Palmer, of campaigners Global Witness, added that the government announcements represented “good progress”, “but the biggest piece of the puzzle is still missing — the tax havens must open up.”
In an interview with the Guardian newspaper, French Finance Minister Michel Sapin urged Britain to “go right to the end” to enforce the same levels of transparency in the tax havens as elsewhere.
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