The deadline for British Overseas Territories to establish public ownership registers has been extended from 2020 to 2023 at the earliest. 

In May 2018, a cross-party group of MPs drove an amendment to the UK's Sanctions and Anti-Money Laundering Bill 2018 (now known as SAMLA), which required the government to impose public registers on the 14 overseas territories by the end of 2020.

However, according to Foreign and Commonwealth Minister of State Lord Ahmad, Gibraltar may be the only one to have a public register by 2020, with no territories already having one in place.

Lord Ahmad explained: “It is our...