At the November Joint Ministerial Council, the UK Government agreed a Declaration with the elected Governments of the Overseas Territories (OTs), providing a new framework for our relationship with the OTs that is based on our shared values, and is fit for the 21st Century. A Written Ministerial Statement on the Declaration will be made once it has been approved by the Cabinets and Executive Councils of the OT.
The UK and OTs also discussed the timeline for implementation of publicly accessible registers of beneficial ownership. Intensive discussions continue and we have made progress with the majority of the OTs. We will inform Parliament of the outcome of these discussions before recess.