Companies: British Overseas Territories

Foreign and Commonwealth Office written question – answered on 27th December 2017.

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Photo of Rupa Huq Rupa Huq Labour, Ealing Central and Acton

To ask the Secretary of State for Foreign and Commonwealth Affairs, what discussions he has had with his counterparts in the UK Overseas Territories on the adoption of public registers of beneficial ownership in the UK Overseas Territories.

Photo of Alan Duncan Alan Duncan Minister of State

‚ÄčAt the Joint Ministerial Council on 28-29 November, the Minister for the Overseas Territories (OTs), Lord Ahmad of Wimbledon, and leaders of the OTs welcomed progress made by those OTs with financial services centres in implementing the arrangements set out in the Exchange of Notes on exchange of beneficial ownership information. They committed, where not already achieved, to expedite work to ensure that the new systems were fully operational and populated.

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