UK:
Register Introduced For Overseas Owners Of UK Property
10 August 2022
Maples Group
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As the UK government steps up its efforts to combat financial
crime, particularly the use of UK property by foreign criminals to
launder money, it has introduced a new Register of Overseas
Entities that will impact any non-UK company that owns UK real
estate. After legislation was fast-tracked through
parliament, overseas entities that own UK land and property are now
obliged to disclose certain information, including certain Ultimate
Beneficial Owners, on a public register at Companies House.
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