Shareholders

(asked on 14th September 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce legislative proposals to prohibit nominee shareholdings.


Answered by
Margot James Portrait
Margot James
This question was answered on 10th October 2017

Shareholding through nominee accounts is commonly used for legitimate investment and commercial reasons. The Government has no plans to introduce legislative proposals to prohibit nominee shareholdings.

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