UK brings in ownership register for property held by foreign companies - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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. READ:

, the government said on Monday, as part of a crackdown on Russian oligarchs and corrupt elites laundering illicit wealth.

“We are lifting the curtain and cracking down on those criminals attempting to hide their illicitly obtained wealth.”will have six months to comply by identifying their beneficial owner to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines