The UK will create a new “Register of Foreign Entities”
- require anonymous buyers of real estate in the past 20 years to disclose the name of the true owner
This is described as targeting Putin’s oligarchs and money laundering.
I wonder if confiscation is on the cards for some of these people?
Info via Reuters:
- Britain will step up its crackdown on what Prime Minister Boris Johnson has called ‘dirty money’ as it introduces the government’s Economic Crimes Bill to Parliament on Monday, a step forward in response to the UK invasion. Ukraine by Russia.
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