Question to the Foreign, Commonwealth & Development Office:

To ask the Deputy Foreign Secretary, what recent discussions he has had on progress on the introduction of public registers of beneficial ownership in the (a) Crown Dependencies and (b) Overseas Territories.

On 14 March 2024, the FCDO co-hosted, with the British Virgin Islands (BVI) Government, the inaugural UK-OT Joint Ministerial Dialogue on Illicit Finance. We discussed, among other areas, beneficial ownership transparency. I [Minister Rutley] re-stated the UK's expectation that access for those with a legitimate interest, including media and civil society, will be established by the end of 2024 as an interim step to full public accessibility. Overseas Territory Governments re-affirmed the commitments outlined in the Statement that I laid in December (HCWS150). The Home Office continue to lead engagement with the Crown Dependencies.