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United Kingdom legislates against opaque overseas ownership of property

United Kingdom Opposes Opaque Property Ownership

With sanction regimes taking centre-stage in the global response to the Russian invasion of Ukraine, transparency of property ownership has accelerated to become a priority of the United Kingdom’s government.

United Kingdom Legislates Against Opaque Overseas Ownership of Property | Proskauer Rose LLP

With sanction regimes taking centre-stage in the global response to the Russian invasion of Ukraine, transparency of property ownership has accelerated to become a priority of the.

UK Government on 1 March 2022 Set Forth the Bill

the Bill introduces the register of overseas entities and beneficial owners owning property in the UK, a motion first proposed in 2016. The Bill aims to crack down on dirty money in the UK and corrupt elites given its cross-party support, it may become law in short order.

UK Government on 1 March 2022 Set Forth the Bill

the Bill introduces the register of overseas entities and beneficial owners owning property in the UK, a motion first proposed in 2016. The Bill aims to crack down on dirty money in the UK and corrupt elites given its cross-party support, it may become law in short order.

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