Beneficial owners register put on hold over privacy concerns

Delay comes amid fears that sensitive information could be abused

A plan to name the beneficial owners of companies, trusts and other funds that was due to happen tomorrow has been put on hold because of privacy concerns.

Under EU law, as of last November all incorporate entities are required to hold their own registers of beneficial owners. The Companies Registration Office (CRO) was to maintain a central register of these beneficial ownership lists. It would allow the public to access information including ...