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July 24 - Government Launches Consultation Paper for Beneficial Ownership of Companies Register

gpvtIn his recent Budget speech Minister with responsibility for Financial Services, Albert Isola stated that there was shortly to be a full consultation – open to the general public - on the merits of a central register of beneficial ownership. Such a consultation would also pose the question as to whether such a register should be public or otherwise.

The Government has today issued a consultation paper on a register of ultimate beneficial ownership of companies; a copy of which can found on the Government website at https://www.gibraltar.gov.gi/. Contributions are most welcome from all sectors in Gibraltar. The closing date for responses to the consultation is the 30th September.