PARLIAMENTARY WRITTEN QUESTION
Companies: Ownership (15 December 2017)
Question Asked
To ask the Secretary of State for International Development, what measures she is taking to promote the adoption of public registers of beneficial ownership in other countries.
Asked by:
Dr Rupa Huq (Labour)
Asked by:
Dr Rupa Huq (Labour)
Answer
The Government supports the Open Ownership initiative to establish a global online register of company beneficial ownership and through this supports six countries, including Kenya and Ukraine, to set up their own public registers.
My Department also supports the Extractive Industries Transparency Initiative to work with 14 DFID partner countries to make public the beneficial owners of companies which win oil, gas and mining contracts, by 2020.
Answered by:
Alistair Burt (Conservative)
22 December 2017
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