PREVIOUS
✖
Public register -Money laundering
January 21 , 2018
2371 days
997
0
- Britain's Department for Business, Energy and Industrial Strategy announced the world's first public register
- The world’s first public register will require overseas companies that own or buy property in the UK to provide details of their ultimate owners
- The register is a move by the government to crack down on criminals who launder money through the British property market.
- This will help reduce opportunities for criminals, who try to use shell companies to buy properties in England.
Leave a Reply
Your Comment is awaiting moderation.