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UK to Increase Beneficial Ownership Transparency in Overseas Territories

|Proposed Changes|United Kingdom-Anguilla-Bermuda-B Virgin Isl-Cayman Islands-Gibraltar-Montserrat-Turks Caics
United Kingdom-Anguilla-Bermuda-B Virgin Isl-Cayman Islands-Gibraltar-Montserrat-Turks Caics

An amendment to the UK Criminal Finances Bill 2017 is currently before parliament that would require the creation of publically accessible registers of beneficial ownership of companies registered in UK overseas territories.

The provisions of the amendment would require the Secretary of State to provide all reasonable assistance to the governments of overseas territories to enable each of those governments to establish a publicly accessible register of the beneficial ownership of companie…

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