Petition · past parliament
Law to make all company ownership transparent in UK dependencies & territories
Closed
707 signatures
What the petition asks
As the Panama Papers prove the British Virgin Islands is one of the world's capitals of tax avoidance, evasion and money laundering. The territory has 600,000 companies registered there with a population of around 30 thousand.
UK parliament can enforce the following laws or impose direct rule
What would that reform be: All accounts of all companies on public record All beneficial ownership on public record, proven by a requirement that banks confirm the beneficial ownership of companies they provide services to Directorships on public record -
See more at: http://www.taxresearch.org.uk/Blog/2016/04/05/we-can-change-the-law-in-the-uks-tax-havens-and-impose-direct-rule-if-they-dont-like-it/#sthash.ANKwMayT.FDQP9XFU.dpuf
What would that reform be: All accounts of all companies on public record All beneficial ownership on public record, proven by a requirement that banks confirm the beneficial ownership of companies they provide services to Directorships on public record -
See more at: http://www.taxresearch.org.uk/Blog/2016/04/05/we-can-change-the-law-in-the-uks-tax-havens-and-impose-direct-rule-if-they-dont-like-it/#sthash.ANKwMayT.FDQP9XFU.dpuf
Timeline
| 5 Apr 2016 | Petition opened for signatures |
| 5 Oct 2016 | Closed to new signatures |
Key facts
Signatures
707
Status
Closed
Opened
5 Apr 2016
Closed
5 Oct 2016
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Source: the official petition page. Last checked 15 Jul 2026.