Register of overseas property owners becomes law as Economic Crime Bill receives Royal Assent
Foreign owners of UK property have six months to comply with new registration documents, as the Economic Crime Bill completes its fast-track passage through parliament.
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"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…
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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…
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