Cayman-UK Beneficial Ownership Sharing Resumes Under New Terms

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Recent developments between the UK and its constituencies have revealed that the Cayman Islands government pulled out from all beneficial ownership transparency collaboration with the UK earlier this year.

Not long after the UK Parliament dubiously voted to command all British Overseas Territories to make registers of company beneficial ownership publicly accessible. The ‘exchanging of data’ agreement has now been reinstated in another less invasive format.