Lord Alton of Liverpool – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Lord Alton of Liverpool on 2016-03-07.

To ask Her Majesty’s Government what steps they are taking in advance of the Global Anti-Corruption Summit in London in May to legislate to subject UK property owned by offshore companies to the same regulations as domestic companies and individuals.

Baroness Neville-Rolfe

A discussion paper on proposals to require foreign companies to provide beneficial ownership information when purchasing or owning property or bidding for public contracts was published on Friday 4 March.

The document has been published here: www.gov.uk/government/consultations/property-ownership-and-public-contracting-by-foreign-companies-improving-transparency and copies of the discussion paper have been placed in the libraries of both Houses.

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