This petition was submitted during the 2015 to 2017 Parliament
Closed petition Law to make all company ownership transparent in UK dependencies & territories
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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 -
707 signatures
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 5 October 2016.