Shareholders: Registration:Written question - HL17045

Asked on: 09 July 2019
Department for Business, Energy and Industrial Strategy
Shareholders: Registration
Lords
To ask Her Majesty's Government what plans they have to require beneficial share owners to be included on shareholder registers.
A
Answered by: Lord Henley
Answered on: 17 July 2019

The Companies Act (2006) requires companies to keep a register of members and enter the details of members in this register. In the UK, a shareholder is defined as the member on the company’s register of members. In some cases, the shareholder is also the beneficial owner of the shares. The Government has no plans to require beneficial share owners to be included on shareholder registers.

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