Ministers postpone Crown Dependencies bill fearing gov't defeat

clock • 2 min read

MPs in the UK's House of Commons have withdrawn a financial services bill, fearing the government was likely to be face defeat on an amendment requiring Jersey, Guernsey and the Isle of Man to introduce pubic registers of company beneficial ownerships. Last week's amendment to the Financial Services Bill, which was introduced by Conservative MP Andrew Mitchell and Labour's Margaret Hodge, seeks to force the Crown Dependencies to publish public share ownership records by December 2020. Hodge described the delay as "outrageous." But Theresa May, the prime minister, defended the delay to...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.