Beneficial Ownership
North America | 11 May 16
Cayman Islands to repeal ‘secrecy law’
The Cayman Islands will repeal its Confidential Relationships (Preservation) Law, commonly known as the ‘secrecy law’, by September 2016 as it looks to step up its fight against corruption and tax evasion.
Tax & Regulation | 25 Apr 16
More countries sign up to beneficial ownership transparency
The Isle of Man and Gibraltar are among a group of 22 jurisdictions that have signed up to an information-sharing initiative to combat tax evasion, while Australia is looking at creating a public register revealing the identities of the beneficial owners of shell companies.
Tax & Regulation | 11 Apr 16
IoM shares beneficial ownership data with the UK
The Isle of Man is to set up a central database of beneficial ownership information that it will share with law enforcement agencies in the UK.
Tax & Regulation | 4 Sep 15
UK appears to ease pressure on Cayman over ownership register
The UK Government appears to have relaxed its demands on the Cayman Islands to create a public register that reveals the owners of companies, despite Prime Minister David Cameron calling on overseas jurisdictions to increase transparency.
Tax & Regulation | 30 Apr 14
channel islands torn over pms beneficial
David Camerons recent letter to overseas territories about the importance of beneficial ownership has received a divided response from senior figures in Jersey and Guernsey.