Financial Services: Anguilla

Foreign, Commonwealth and Development Office written question – answered at on 1 June 2023.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what support his Department (a) provided in the 2022-23 financial year and (b) will provide in the 2023-24 financial year for the financial services industry in Anguilla; and if he will make a statement.

Photo of David Rutley David Rutley Assistant Whip (HM Treasury), Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

The UK Government are working to support the Overseas Territories to meet the highest standards in financial services policy, this includes technical support to Anguilla to build local capacity on international taxation standards, sanctions enforcement and combatting illicit finance. The FCDO have also funded a new register for company beneficial ownership in Anguilla.

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