OrbitaxUK House of Commons Approves Provisions Requiring Overseas Territories and Crown Dependencies to Establish Beneficial Ownership Registries
|Proposed Changes|United Kingdom
The UK House of Commons approved amendments on 1 May 2018 to the Sanctions and Anti-Money Laundering Bill, including new provisions requiring the creation of publically accessible registers of beneficial ownership of companies registered in British Overseas Territories and Crown Dependencies. Similar provisions were included in the Criminal Finances Bill 2017, but were ultimately rejected.
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