PUBLISHED ONMarch 20, 2014 11:12 AM
MOSCOW - President Vladimir Putin said on Thursday Russian companies must be registered in Russia and have a transparent ownership structure, emphasising his message that business should be brought back home.
"Russian companies should be registered on the territory of our nation, in our country and have a transparent ownership structure," Putin told heads of Russia's largest companies at a local business conference.
"I am convinced that you are also interested in this. That is why we have set the task of de-offshorisation in this part of the economy."