Guernsey's Policy & Resources Committee has launched a public consultation on proposals to introduce a legitimate interest access framework for beneficial ownership information of Guernsey companies, aimed at expanding transparency while limiting access to those with a defined need linked to combating financial crime. Under the proposed approach, individuals who can demonstrate a legitimate interest connected to the prevention, detection, or investigation of financial crime would be able to apply for access to limited beneficial ownership information through a secure, case-by-case application process managed by The Guernsey Registry. The consultation also sets out safeguards including strict limitations on disclosure, exemptions for vulnerable individuals, and controls on data use, and positions the framework as aligning with evolving international and EU standards. Responses are requested by close of business on 10 April 2026.
Ministry of Finance (Guernsey) 2026-02-27
Guernsey's Policy & Resources Committee launches consultation on legitimate interest access to company beneficial ownership information
Guernsey's Policy & Resources Committee is consulting on a framework to allow legitimate interest access to beneficial ownership information of Guernsey companies, enhancing transparency while restricting access to those involved in combating financial crime. The proposal includes a secure application process managed by The Guernsey Registry, with safeguards on disclosure and data use, aligning with international and EU standards.