Register of Members’ Financial Interests
Paragraph 4 of the MPs’ Code of Conduct says:
Members shall fulfil conscientiously the requirements of the House in respect of the registration of interests in the Register of Members’ Financial Interests.
At the start of a new Parliament MPs have one month in which to make their first registration. After that, MPs must register within 28 days any interest which someone might reasonably consider to influence their actions or words as an MP. The detailed rules are set out in the Guide to the Rules relating to the conduct of Members.
Parliament publishes these interests in the Register of Members’ Financial Interests, which is maintained by The Parliamentary Commissioner for Standards. The Register is updated on the parliamentary webpages every two weeks during sitting periods and approximately once a month at other times. Entries remain for twelve months after they have expired.
Political parties have separate arrangements for reporting donations, and these are published on the webpages of the Electoral Commission, although if a donation is linked to a Member he or she may also need to include it in their Register entry. The Ministerial Code requires Government Ministers to disclose their interests in detail. These interests are published by the Government.
The Register of Members’ Financial Interests contains information about any financial interest an MP has, or any benefit they receive, which someone else might reasonably consider to influence what they say or do as an MP.
MPs must register any change to their registrable interests within 28 days.
Interests remain on the Register for twelve months after they have expired.