On 20 June 2016, HM Treasury published an updated list of countries supporting the initiative to automatically exchange information on beneficial ownership. Recent signatories include India and Colombia and, at the time of publication, the total number stands at 42. Jersey is committed to the initiative and was one of the original supporters of the […]

Jersey is recognised by international standard setters as one of the best regulated finance jurisdictions globally and its authorities have full knowledge of the beneficial owners of all Jersey companies, according to Geoff Cook, CEO Jersey Finance. He welcomed moves for greater transparency and called on other locations that had not done so to introduce […]

Earlier this week, the Dutch Finance Minister, Mr Dijsselbloem, announced that the government would make the upcoming register of beneficial ownership, the so-called UBO-register, open to the public. This is in line with what the majority of parliament voted for in March 2014, and means the Netherlands will join a growing list of countries that have […]