Hashtag: #BeneficialOwnershipRegister
UK Parliament: Q&A On ‘Transparency’ In OTs
“We will be working closely with the UK Overseas Territories and Crown Dependencies to increase transparency, including through publicly accessible registers of company beneficial ownership,” Minister of State Stephen Doughty said. During a recent session in the UK Parliament, Liberal Democrat Daisy Cooper asked, “To ask the Secretary... Read more of this article
UK Parliament: Q&A On Public Registers
“We are providing technical and financial assistance to expedite implementation in 2024 of these public registers,” British MP David Rutley said. During the British Parliament’s session on May 16th, Labour MP Margaret Hodge asked, “To ask the Deputy Foreign Secretary, pursuant to the Answer of 2 May 2024 to Question 23506 on British Overseas... Read more of this article
UK Parliament: Q&A On Public Registers
Alison Thewliss, the Shadow SNP Spokesperson for Home Affairs, inquired about the implementation of public registers of beneficial ownership in both Crown Dependencies and British Overseas Territories. During the British Parliament’s session on May 2nd, Alison Thewliss asked David Rutley, the Assistant Whip [HM Treasury] and Parliamentary Under-Secretary... Read more of this article
UK Parliament Debate On Registers In OTs
The British House of Commons is holding a ‘Debate on a Motion on the Implementation of Public Registers of Beneficial Ownership in the UK’s Overseas Territories and Crown Dependencies’ and you can tune in and watch live below. The UK legislation to have the OTs implement originally passed back in 2018; the matter had been discussed... Read more of this article
UK Parliament: Q&A On Public Registers In OTs
Labour MP Margaret Hodge continues to discuss the implementation of publicly accessible registers of beneficial ownership in the British Overseas Territories. Labour Member of Parliament Margaret Hodge asked, “To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what estimate he has made of when [a] the British Virgin... Read more of this article
UK Parliament: Q&A On Order In Council
The British Government said they “continue to keep the Order in Council under review and continue to work with the Governments of the Overseas Territories to implement publicly accessible registers of beneficial ownership.” During the British Parliament’s session on November 17th, Labour Member of Parliament Margaret Hodge asked Secretary... Read more of this article
UK To Confirm Public Register Timeline In Nov
A UK Parliamentary Under-Secretary said they will “confirm the timeline” to implement publicly accessible registers of company beneficial ownership with Bermuda and the other British Overseas Territories at the Joint Ministerial Council meeting scheduled to be held next month. In a written question in the British Parliament, Labour MP... Read more of this article
UK Prepares Draft Order In Council For OTs
The UK has prepared a draft Order to compel the British Overseas Territories to introduce publicly accessible registers, but said that “in the light of the firm commitments” from the Territories to adopt them, the “UK Government have decided that it is now not necessary to make the Order under Section 51, but will keep this under review.” Parliamentary... Read more of this article
Minister: Public Register Of Beneficial Ownership
Speaking in the House of Assembly today [July 17], Minister of Finance Curtis Dickinson provided a “progress report regarding matters related to public access to beneficial ownership information for companies.” The Minister said, “”Presently, there are no global standards that require public registers of beneficial ownership... Read more of this article
UK Government “Welcome” Registers In OTs
The British Foreign Secretary Dominic Raab said he welcomes the commitments from eight UK Overseas Territories — including Bermuda — to introduce publicly accessible beneficial ownership registers. The Bermuda Government recently announced “its intention to make the companies central register of beneficial ownership information accessible... Read more of this article
Ownership Register Will Be Accessible To Public
The Government has today “announced its intention to make the companies central register of beneficial ownership information accessible to the public.” “The Government of Bermuda acknowledges that the provision of appropriate, current, and verified beneficial ownership information is important to combat money laundering, counter the... Read more of this article
Cayman Islands To Introduce Public Register
The Cayman Islands has announced its intention to introduce a public register of beneficial ownership. A statement from the Cayman Government said, “The Government of the Cayman Islands has today announced its intention to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as... Read more of this article
