Consultation launched on further transparency in company ownership

• Consultation for a legitimate interest access framework for beneficial ownership information.
• The framework aims to provide access to those with a legitimate interest, including journalists and NGOs.
• The proposal includes safeguards for privacy and data use, targeting financial crime prevention.
• The public is invited to submit responses by 10 April 2026.
• UK has called for full public access.

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Policy & Resources Committee has launched a consultation about allowing more people to find out who owns Guernsey companies.

While still stopping short of full public access to the register of beneficial ownership, as asked for by the UK, it is working on a way to allow those with what is known as legitimate interest - like journalists and NGOs involved in combating financial crime - to be able to see the information.

Under this framework, those demonstrating a legitimate connection to the prevention, detection, or investigation of financial crime may apply for access to select beneficial ownership information through a regulated, case-by-case application procedure managed by The Guernsey Registry.

The consultation outlines what it says are various safeguards to ensure proportionality and compliance with human rights, including strict limitations on disclosure, exemptions for vulnerable individuals, and controls on data usage.

Deputy Gavin St. Pier, Vice President of the Policy & Resources Committee, said: "Guernsey is committed to continue being a responsible and well-regulated international finance centre.

"These proposals represent a balanced and carefully considered step that strengthens our contribution to global efforts to combat financial crime while ensuring that the privacy and safety of individuals remain firmly protected."

He added that input from industry representatives, media, NGOs, and the wider community is vital to shaping a robust, secure, and internationally credible system.

The complete consultation document is accessible online.

Responses should be submitted via email to policyandresources@gov.gg with the subject line “Beneficial Ownership – Legitimate Interest Access – Consultation Response” by the close of business on 10 April.