Turks and Caicos to introduce public ownership register in money laundering crackdown

Turks and Caicos Islands will introduce a public register showing the beneficial owners of companies based in the jurisdiction in 2023, when it becomes the global standard. The premier of the Turks and Caicos Islands, Sharlene Cartwright Robinson, made the announcement during a presentation at a meeting of Cabinet. "The TCI will work collectively with the EU, UK and the rest of the world through its association with the international bodies on shaping the standard for beneficial ownership information sharing," she said. The register - part of the EU's 5th Anti Money Laundering Directi...