Cayman’s [Ministry of Financial Services, Commerce & Environment ](http://www.caymanfinance.gov.ky/portal/page/portal/pruhome)has invited public comments on the Companies (Amendment) Bill, 2017, a key legislative amendment that would allow Cayman to develop a centralised platform for beneficial ownership information.

The consultation is intended to identify any major areas of concern with the draft bill. Once the draft bill has been published in the Gazette, the usual 21-day public consultation period will commence, providing further opportunities for comments.

[Ministry Press Release](http://www.gov.ky/portal/page/portal/pruhome/library/publications/beneficialownershipconsultationdocument/Comments-Invited-on-Legislation-to-Create-Beneficial-Ownership-Platform-29-Nov-2016.pdf)

[Consultation Paper](http://www.gov.ky/portal/page/portal/pruhome/library/publications/beneficialownershipconsultationdocument/Public-Consultation-on-Cayman-s-Centralised-Platform-for-Beneficial-Ownership-Information—29-Nov-2016.pdf)