To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timetable is for introducing the Registration of Overseas Entities Bill.
Answered on
27 February 2020
The Registration of Overseas Entities Bill has undergone Pre-Legislative Scrutiny by a joint parliamentary committee. The final Bill will reflect many of the committee’s recommendations to ensure that the legislation is as effective as possible in tackling the use of UK property for money laundering. The Bill will be introduced when Parliamentary time allows.