Home European News UK to record property held by international companies

UK to record property held by international companies

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Britain would require international corporations holding UK property to determine their true homeowners in an official register, the British authorities mentioned on Monday. The transfer is a part of a crackdown on Russian oligarchs and corrupt elites laundering illicit wealth, Reuters reported. It’s going to search to cease the circulation of illicit Russian money into London, and to make sure criminals can not conceal behind secretive chains of shell corporations.

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