Written Question·Treasury·UIN 42748

British Overseas Territories and Crown Dependencies: Ownership

Tabled: 31 March 2025
Answered: 3 April 2025
Named Day

Question

Steff Aquarone

Liberal DemocratNorth Norfolk

To ask the Chancellor of the Exchequer, what estimate she has made of the amount of tax income which could be generated by new registers of beneficial ownership in overseas territories and crown dependencies.

Answer

James Murray
We are clear on the benefits of beneficial ownership registers, which not only include tackling illicit finance and corruption, but also fighting tax and sanctions evasion. At the Overseas Territories Joint Ministerial Council (JMC) in November 2024, the ...

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