French President Francois Hollande has called for “eradication” of the world’s tax havens and told French banks they must declare all of their subsidiaries.
He was speaking after presenting a draft law aimed at “moralising” French public life – a response to the tax scandal that has shaken his presidency.
France’s ex-Budget Minister Jerome Cahuzac has been charged with fraud over a secret Swiss bank account.
Mr Hollande said a new central agency would fight fraud and corruption.
Earlier the French Socialist government set a deadline of 15 April for ministers to declare their assets, as part of the new transparency drive.
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