UK: Government 'Action Plan to prevent the misuse of companies and legal arrangements'

The Government has published a short plan to prevent the misuse of companies and legal arrangements: see here (pdf). The plan includes proposed amendments to the Companies Act 2006 in order create a central registry of information on companies' beneficial ownership to be maintained by Companies House. A consultation on the proposals, including whether the registry should be publicly available, is expected later this year. For further information see here.