Advertisement

Agreement on beneficial ownership signed with UK

by isleofman.com 12th April 2016

Bell and Gauke meet in London

The Isle of Man has signed an agreement with the United Kingdom on providing information on the beneficial ownership of companies.

Chief Minister Allan Bell and Financial Secretary to the UK Treasury David Gauke met in London today.

The Manx Government will establish and maintain a central electronic register which will allow information to be given to law enforcement and tax authorities as quickly as within an hour in urgent cases.

There have already been discussions on the subject for some time but the deal comes a day after a statement in the House of Commons by UK Prime Minister David Cameron.

Posted by isleofman.com
Tuesday 12th, April 2016 02:59pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
21 Jun

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
23 Jun
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide