The below Parliamentary question was asked by Roger Godsiff on 2015-11-09.
To ask the Secretary of State for Justice, what recommendations his Department has made to the government of (a) Guernsey and (b)Jersey on the definition of legitimate interest in the management of central registers of beneficial ownership.
Dominic Raab
The Prime Minister has made clear that he would like a publicly accessible central register of company beneficial ownership to be the new international standard.
The Government is in dialogue with the Crown Dependencies about UK policy in this area and progress on the wider G20 transparency agenda.
The role of my Department is to manage the constitutional relationship between the UK and the Crown Dependencies.We have discussed the subject of beneficial ownership with the Crown Dependencies where it impacts on that relationship but it is not my Department’s role to make specific recommendations.
The Crown Dependencies are not part of the United Kingdom. They are self-governing Dependencies of the Crown with their own legislative assemblies, administrative, fiscal and legal systems and courts of law.