Mark Durkan – 2015 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Mark Durkan on 2015-11-05.

To ask the Secretary of State for Foreign and Commonwealth Affairs, if he will ensure that any agreement on a central registry of beneficial ownership in the Cayman Islands will include access for the public with legitimate reason.

Mr Hugo Swire

I refer the Honourable Gentleman to the answer given by my Rt Hon Friend, the Member for South West Hertfordshire (David Gauke MP), the Financial Secretary to the Treasury, to questions 10437, 10438 and 10448, which sets out the criteria we expect the Overseas Territories to meet in relation to their central register of company beneficial ownership, or similarly effective system.

We are continuing our dialogue with the Anguilla authorities on this and have offered any technical support that might be required as they develop their proposals.