Foreign Companies: Property

(asked on 1st November 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of including publicly accessible trust data in the Register of Overseas Entities.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 11th November 2024

While the Government remains committed to enhancing transparency in relation to trusts within the Register of Overseas entities (ROE), we must carefully consider the privacy risks that come with it. The government will be laying regulations in due course to allow applications to be made for public access to unpublished trust information on the ROE in circumstances to be specified in the regulations. We are also currently reviewing responses to the public consultation on Transparency of Land Ownership Involving Trusts which provided a range of views and perspectives.

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