A news release from HM Treasury on 15 July advised that 8 Overseas Territories are to introduce publicly-accessible registers detailing who owns the companies in their Territory. The UK Overseas Territories which have committed to implement this measure are; Anguilla, Bermuda, Cayman Islands, the Falkland Islands, Montserrat, the Pitcairn Islands and St Helena, Ascension Island and Tristan da Cunha, and the Turks and Caicos Islands. Hm Treasury says that the UK has led an international campaign to make such registers a global norm by 2023 and is hopeful the only remaining permanently inhabited territory not to make an announcement, the BVI, will make a similar commitment soon.
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