The government will bring its long-anticipated beneficial ownership registry into full operation by June next year, in a move aimed at transforming the ease of doing business and strengthening transparency across the economy.

The announcement came as the legislation for the overhaul of companies information-gathering passed the House of Assembly on Tuesday, paving the way for a more streamlined, transparent and globally competitive business environment.

Minister of Energy, Business Development and Commerce Kerrie Symmonds engaged in extensive dialogue with key industry stakeholders to outline the strategic rollout, address operational queries and ensure a smooth transition across all levels.