Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign and Commonwealth Affairs, what assessment he has made of the time taken by the Cayman Islands government to respond to its consultation on a public register of beneficial ownership.

I refer the Honourable Gentleman to the answer given by my Rt Hon Friend, the Member for South West Hertfordshire (David Gauke MP), the Financial Secretary to the Treasury, to questions 10437, 10438 and 10448, which sets out the criteria we expect the Overseas Territories to meet in relation to their central register of company beneficial ownership, or similarly effective system.

We are continuing our dialogue with the Anguilla authorities on this and have offered any technical support that might be required as they develop their proposals.