Source · Select Committees · Treasury Committee
Recommendation 55
55
Paragraph: 246
We are disappointed that the Registration of Overseas Entities Bill is still awaiting introduction, more...
Conclusion
We are disappointed that the Registration of Overseas Entities Bill is still awaiting introduction, more than five years after it was promised, and after scrutiny by a Joint Committee. Improving transparency of ownership of UK property is an important step that needs to be taken in order to improve defences against misuse of UK assets and companies by criminals and kleptocrats.
Paragraph Reference:
246
Government Response
A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document ↗