Unexplained wealth orders: How is the British law changing and will it stop dirty money circulating in London?

Views

The Economic Crime Act allows the government to convey the impression that it is ‘doing something’ about the proceeds of kleptocracy being laundered in the UK - but far more fundamental and far-reaching reform is needed, writes Áine Clancy

Written by

Áine Clancy

PhD Candidate, School of Law, Queen Mary University of London, at ,

The Journal of Luxury Property

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

What to read next

Views

Following this afternoon’s big announcement, the NTS Estate & Letting Agency Team offers its view on the use of ‘POA’ in property listings and whether this contravenes consumer protection legislation……
Views

John Whittaker explains why the future will be tougher thanks to higher interest rates, or higher inflation, or both…
Views

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