Crown Dependencies oppose UK 'public register' proposals

The chief ministers of Jersey, Guernsey and the Isle of Man are united against the recent proposals from Westminster to force public registers of company beneficial ownerships in the Crown Dependencies. More than 40 MPs have signed an amendment attempting to force the Crown Dependencies and British Overseas Territories to open up their beneficial ownership registers, revealing who owns assets in the islands. Chief Minister John Le Fondré, alongside his Guernsey and Isle of Man counterparts Gavin St Pier and Howard Quayle, have now issued a joint statement condemning the move as "contr...