Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment has been made of the effectiveness of the enforcement of penalties for non-compliance with the UK's Register of Overseas Entities.

The Government recognises the challenges of enforcing financial penalties on overseas entities but remains committed to ensuring compliance with the Register of Overseas Entities (ROE) requirements. Companies House has strengthened its enforcement strategy, introducing robust procedures to address non-compliance with penalties, and will continue to monitor the effectiveness of enforcement. Non-compliant entities are also prohibited from selling, leasing, or raising finance on their property until they meet the ROE requirements. The Government will also carry out a Post-Implementation Review in 2027 to assess the effectiveness of the ROE.