24 April 2014

Transparency and trust: enhancing transparency of UK company ownership and increasing trust in UK business

Outlines how government plans to proceed with the following policies:
  • establish a publicly accessible central registry of UK company beneficial ownership information
  • improve transparency of company ownership and control, including:
  • abolishing bearer shares
  • prohibiting the use of corporate directors (with exceptions)
  • increasing the accountability of those who control company directors
  • improve trust in the UK regime for disqualifying company directors
  • increase the likelihood of creditors being compensated where they have suffered loss from director misconduct


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