Anti-corruption fight could be a long one as Canada joins 39 other countries in battle

, Financial News

A one-day gathering of diplomats and politicians in London ended with a general pledge to 'uncover corruption wherever it exists' and to 'pursue and punish'

OTTAWA — Canada is among 40 countries pledging a worldwide crackdown on money laundering and illegal corporate tax schemes during an anti-corruption summit in London.

But there are lingering concerns that proposed rules agreed to Thursday — including requiring governments to set up public registries of company ownership — may be slow in coming and not go far enough.

The one-day gathering of diplomats and politicians — among them, Canadian Public Safety Minister Ralph Goodale — ended with a general pledge to “uncover corruption wherever it exists and to pursue and punish those who perpetrate, facilitate or are complicit in it.”

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