Wednesday, 4 February 2015 - 9:45am
In the last quarter of 2013, I informed you of the launch of a public consultation on beneficial ownership of companies registered here in the British Virgin Islands. I am pleased to report that this consultation is complete. This consultation was in response to a policy proposed by the Government of the United Kingdom to maintain a central registry in which information on the ultimate beneficial ownership of companies would be held. The UK Government’s desire is to see this policy adopted in the Crown Dependencies and Overseas Territories of the United Kingdom.