PARLIAMENTARY WRITTEN QUESTION
Companies: Ownership (1 November 2016)

The Government’s priority is to implement the agreements concluded with all three Crown Dependencies to provide UK law enforcement and tax authorities with unrestricted and near real time access to beneficial ownership information on corporate and legal entities incorporated in these jurisdictions from a central register or similarly effective system. These measures represent a significant step forward in the ability of law enforcement authorities to investigate bribery and corruption, money laundering and tax evasion and put the Crown Dependencies well ahead of other similar jurisdictions.

The role of the Ministry of Justice is to manage the constitutional relationship between the UK and the Crown Dependencies which are self-governing Dependencies of the Crown with their own directly elected legislative assemblies, administrative, fiscal and legal systems and their own courts of law. Details of ministerial meetings are published on gov.uk.