Companies: Ownership

(asked on 15th December 2017) - View Source

Question to the Department for International Development:

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.


Answered by
Alistair Burt Portrait
Alistair Burt
This question was answered on 22nd December 2017

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.

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