Shareholders:Written question - 105220

Q
(Luton North)
Asked on: 14 September 2017
Department for Business, Energy and Industrial Strategy
Shareholders
Commons
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce legislative proposals to prohibit nominee shareholdings.
A
Answered by: Margot James
Answered on: 10 October 2017

Shareholding through nominee accounts is commonly used for legitimate investment and commercial reasons. The Government has no plans to introduce legislative proposals to prohibit nominee shareholdings.

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