Correspondence
UK beneficial ownership information sharing: Isle of Man
This document explains exchanging information between the UK government and government of the Isle of Man on beneficial ownership.
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This exchange of notes and technical protocol for sharing beneficial ownership information came into force on 12 April 2016.
The arrangement requires establishing and maintaining a central register, or equivalent system, containing accurate and current information on beneficial ownership for corporate and legal entities incorporated in their jurisdictions.
It also requires each jurisdiction to ensure effective and unrestricted access to this information to the other jurisdiction’s law enforcement and tax authorities.
Read the Prime Minister’s letter to the Overseas Territories on beneficial ownership.