The UK House of Commons approved amendments on 1 May 2018 to the Sanctions and Anti-Money Laundering Bill, including new provisions requiring the creation of publically accessible registers of beneficial ownership of companies registered in British Overseas Territories and Crown Dependencies. Similar provisions were included in the Criminal Finances Bill 2017, but were ultimately rejected. The provisions include that the Secretary of State must prepare draft orders requiring any British Overseas Territory or Crown Dependency that has not introduced a publicly accessible register of the beneficial ownership of companies within its jurisdiction to do so. With respect to Overseas Territories,...