We are disappointed that the Registration of Overseas Entities Bill is still awaiting introduction, more than five years after it was promised, and after scrutiny by a Joint Committee. Improving transparency of ownership of UK property is an important step that needs to be taken in order to improve defences against misuse of UK assets and companies by criminals and kleptocrats.

We are disappointed that the Registration of Overseas Entities Bill is still awaiting introduction, more than five years after it was promised, and after scrutiny by a Joint Committee. Improving transparency of ownership of UK property is an important step that needs to be taken in order to improve defences against misuse of UK assets and companies by criminals and kleptocrats. Type: conclusion | Number: 55 | Paragraph: 246 | Response status: not_addressed Government response: The government agrees that improving transparency of ownership of UK property is an important step in improving defences against misuse of UK assets and companies by criminals and kleptocrats. That is why the government prioritised the Economic Crime (Transparency and Enforcement) Act, which receive