M
Member
Speaking in the House of Lords on 3 February 2025
Debate
Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025Contribution
I suppose that also takes us to the administrative workload. This will certainly increase that workload so, again, are the Government satisfied? There was an increase in staff in Companies House and an increase in investment under the last Government, for which they should be given great credit. Is the Minister satisfied, given that all this will be more work, that the horsepower is there to do it? Are there streamlined administrative processes that can be used? Are the Government fully investigating the options, not for reducing what happens but for making it more efficient and more streamlined? Clearly, there is almost an unlimited amount of work that can be done here, so focusing on what needs to be done and doing it in the most efficient way will be absolutely essential.
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