Some crown dependencies commit to the UBO register

Guernsey, Jersey and Isle of Man, commit to setting up a register of beneficial owners and controlling persons by 2021.

By beginning of 2021 the database will be interconnected with law enforcement and by 2022 open to further participants.

The register will be made public on 2023 as per the joint statement.

The plan searches to align the dependencies  with the requirements lay down in the 5th EU AML directive.
Other dependencias and protectorates have not disclosed comprehensive plans as yet.



Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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