The House of Commons Foreign Affairs Committee has published a report entitled “Global Britain and the British Overseas Territories: Resetting the relationship”.

In its report, the Committee urges the government to require the publication of public registers of beneficial ownership in each British Overseas Territory, as proscribed by the Sanctions and Anti-Money Laundering Act 2018 (SAMLA), by December 2020.

SAMLA, which became law in May 2018, makes provision for an independent post-Brexit sanctions and anti-money laundering regime.

It remains to be seen whether the report will be acted upon.

A copy of the report can be viewed here.