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The Guardian - UK
The Guardian - UK
Business
Rob Davies

UK to remain global centre of ‘dirty money’ without offshore registers, MPs say

People on the beach at Catalan Bay in Gibraltar
Only Gibraltar has so far met the December 2023 deadline to introduce public registers of corporate ownership. Photograph: Javier Fergo

Britain will remain the global centre of “dirty money” unless ministers revive stalled plans for public registers of who owns companies based in offshore havens such as the British Virgin Islands (BVIs) and Jersey, campaigners and senior MPs have said.

The veteran anti-corruption campaigner Dame Margaret Hodge MP said it was a matter of national security to do away with the secrecy offered by the 10 inhabited overseas territories and three crown dependencies.

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