Part 1: Proceeds of crime Beneficial ownership Section 9: Co-operation: beneficial ownership information
Section 9 inserts section 445A into Part 11 of POCA, requiring the relevant Minister to prepare a report about the arrangements in place between the government of the United Kingdom, and the government of each relevant territory, for the sharing of beneficial ownership information as set out in an Exchange of Notes signed on behalf of the government of the United Kingdom and the government of a relevant territory (i.e. the British OTs and CDs).
	These arrangements include the provision of beneficial ownership information about a person incorporated in a part of the United Kingdom to a law enforcement authority of the relevant territory at the request of the authority, and for the provision of beneficial ownership information about a person incorporated in a relevant territory to a law enforcement authority of the United Kingdom at the request of the authority.
	Section 445A(2) requires that the report must include an assessment of the effectiveness of those arrangements, having regard to such international standards as appear to the relevant Minister to be relevant. Sub-sections (3) and (4) require that the relevant Minister publish the report and lay a copy of it before Parliament before 1 July 2019, and that the report must relate to the arrangements in place during the period of 18 months from 1 July 2017 to 31 December 2018.