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New British regulations call for more financial transparency in the use of financial transactions involving offshore accounts. This move, according to dean and College of Law professor , would be a big shakeup from the past.

鈥淏ack in the 鈥�50s and 鈥�60s, people would fly in with briefcases full of cash,鈥� he told the Christian Science Monitor. Now, this change 鈥渋s likely to cause a pretty seismic shift in their business model.鈥�