UK: CONSULTATION ON EXPANDING THE DORMANT ASSETS SCHEME – GOVERNMENT RESPONSE

On 11 January, the Department for Digital, Culure, Media and Sport published the government’s response to the consultation on expanding the Dormant Assets Scheme, which ran from 21 February to 16 July 2020.  The government intends to legislate to include additional assets across from the insurance and pensions, investment and wealth management, and securities sectors in the Scheme, which is said to have the potential to unlock more than £800 million for social and environmental causes.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/951199/Government_response_to_the_consultation_on_expanding_the_Dormant_Assets_Scheme.pdf

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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