European court rules public registers of beneficial owners are ‘invalid’

News

A judgement by Europe's top law court has thrown public registers of beneficial owners - such as the UK's current attempt to shine a light on opaque overseas property ownership structures - into doubt.

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Main image: The Grand Chamber of the Court of Justice of the European Union

News

"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
Views

When set up, any overseas entity (like a foreign company) buying UK property will need to register its beneficial owners
Feature

Designed to "root out corrupt elites using UK property to launder their illicit wealth," the Register of Overseas Entities has officially launched, requiring more transparency for UK property transactions…