UK parliament won't debate Crown Dependencies' registerspublished at 17:25 British Summer Time 1 May 2018
A call for the UK to force the Crown Dependencies to adopt public registers of beneficial ownership has not been lodged in the Commons.
The amendment was due to be laid by four Labour MPs, but was not lodged as alternative proposals put forward by the Conservative government were not accepted for debate by the speaker.
Under the motion the UK government would have required the islands to introduce a publicly accessible register of beneficial ownership of companies within their jurisdiction - something Guernsey politicians have described as "not constitutional".
While the motion was not laid those who placed it called for an end to secret ownership arrangements.
Quote MessageThe case in principle for acting to improve transparency in the Crown Dependencies—the Channel Islands and the Isle of Man—is substantively the same: their secret ownership arrangements facilitate both money laundering and tax evasion."
Helen Goodman, Labour MP for Bishop Auckland