CLOSE

Featured events

Events | Virtual

Private Funds Industry Live, Expanding Private Funds in Global Markets

10 Jan 2023

Watch the recording >

Events | Virtual

Private Funds Industry Live, Demystifying Private Capital Funds

6 Dec 2022

Watch the recording >

Events | Virtual

State of the Market and Growing your Business – Setting up and Maintaining WFOEs in China

15 Nov 2022

Watch the recording >
Show all events >
CLOSE

Beneficial Ownership Update – Crown Dependencies

20 June 2019

Make an enquiry

Today it’s been announced that the Crown Dependencies (Jersey, Guernsey & Isle of Man) will begin a phased approach to making their private beneficial ownership registers public, in line with EU nations’ fifth money laundering directive. The policy will increase transparency to help tackle money laundering and financial crime.

The three phases are:

  • To interconnect the islands’ registers of beneficial ownership of companies with those within the EU for access by law enforcement and Financial Intelligence Units.
  • To give access for financial service businesses and other businesses for due diligence purposes.
  • To give public access aligned to the approach taken in the EU directive.

If you have any questions regarding the above, please do not hesitate to contact your usual Intertrust contact.

Click here to read the official statement from the Government of Jersey
Click here to read the official statement from the States of Guernsey
Click here to read the official statement from the Isle of Man Government

X

Weekly insights

direct to your inbox

Subscribe to receive the latest news and insights, personalised to your role, location and areas of interest.