Beneficial Ownership Register to be enforced with five-year jail sentences & unlimited fines
Draft legislation to bring in 'the world’s first public register of overseas entities’ beneficial ownership' has gone before Parliament, promising real teeth in the battle against 'dirty money' in UK property
What real impact would a public register of beneficial owners have on the UK property sector?
The new draft Bill promises more transparency in the UK property industry, but will it cause headaches for estate agents, solicitors and developers - and will it put off overseas investors?
By PrimeResi
Developers contribute £6bn a year to community infrastructure projects
New CIL reforms mean local councils now have to declare developers' contributions and how levies are spent
By PrimeResi
Jersey, Guernsey & Isle of Man to reveal company ownership
Islands bow to pressure from MPs and confirm plans to open up their central register of beneficial owners
By PrimeResi
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