questionText: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will make an assessment of (a) the adequacy of the Cayman Islands’ new Regulations: Beneficial Ownership Transparency (legitimate interest access) regulations 2024, (b) whether those regulations meet the expectations laid out during the Joint Ministerial Council to provide the maximum possible degree of access and transparency, (c) whether Bermuda’s regulations are aligned with international standards set out in the EU’s 6th Anti-Money Laundering Directive and (d) whether (i) case-by-case applications and (ii) the introduction of fees between $30 and $100 will hinder journalists and NGOs from accessing beneficial ownership information to combat money laundering and its predicate offences.
heading: Cayman Islands: Ownership