Registration of Overseas Entities Bill (Draft)

Department for Business, Energy and Industrial Strategy written question – answered on 27th February 2020.

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Photo of Andrew Mitchell Andrew Mitchell Conservative, Sutton Coldfield

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timetable is for introducing the Registration of Overseas Entities Bill.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

The Registration of Overseas Entities Bill has undergone Pre-Legislative Scrutiny by a joint parliamentary committee. The final Bill will reflect many of the committee’s recommendations to ensure that the legislation is as effective as possible in tackling the use of UK property for money laundering. The Bill will be introduced when Parliamentary time allows.

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