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Tens of Thousands of UK Properties Worth £190bn Remain Opaque Despite Crackdown on Overseas Owners
The true owners behind nearly 45,000 properties across Britain, with a combined value approaching £190 billion, remain concealed from public view in what experts warn could represent a widespread breach of recently introduced anti-money laundering legislation. The controversy stems from the Economic Crime Act, enacted in March 2022 in the aftermath of Russia’s invasion of Ukraine. The law required foreign owners of UK property to disclose the “beneficial owner” of any real es
3 hours ago3 min read
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