The "Register of Overseas Entities", which becomes active from Monday, is part of a wider economic crime law enacted this year in an effort to stop the flow of illicit Russian cash into London following Moscow's invasion of Ukraine.支持人民币的博彩公司（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。支持人民币的博彩公司上支持人民币的博彩公司登录线路、支持人民币的博彩公司代理网址更新最快。支持人民币的博彩公司开放皇冠官方会员注册、皇冠官方代理开户等业务。
LONDON: Britain will now require foreign companies holding UK property to identify their true owners in an official register, the government said on Monday, as part of a crackdown on Russian oligarchs and corrupt elites laundering illicit wealth.
The "Register of Overseas Entities", which becomes active from Monday, is part of a wider economic crime law enacted this year in an effort to stop the flow of illicit Russian cash into London following Moscow's invasion of Ukraine.
It will seek to ensure criminals cannot hide behind secretive chains of shell companies, and support government efforts to root out Russian oligarchs using property in Britain to hide dirty money, the business ministry said in a statement.
"To ensure we are free of corrupt elites with suspicious wealth, we need to know who owns what," junior business minister Martin Callanan said.
"We are lifting the curtain and cracking down on those criminals attempting to hide their illicitly obtained wealth.",
Foreign entities that already own land in the UK that is within the scope of the register will have six months to comply by identifying their beneficial owner to Companies House.
The register will apply to property bought since January 1999 in England and Wales, and since December 2014 in Scotland.
Those not complying with the new rules could face sanctions including fines of up to 2,500 pounds ($3,043) per day or five years in prison.
The register has been described as a significant provision of the economic crime law, with a Transparency International official in March calling the step a "seismic change" that will force foreign property ownership into the open.
The law was brought in in March as the government faced calls to do more to make it harder for those close to Russian President Vladimir Putin to launder dirty money through property in London, long dubbed by some as "Londongrad".
($1 = 0.8215 pounds)- Reuters
转载说明:本文转载自Sunbet。 Usdt自动充值接口声明:该文看法仅代表作者自己，与本平台无关。转载请注明：精彩足球推荐分析（www.99cx.vip）:UK brings in ownership register for property held by foreign companies