Long-delayed and apparently feeble enforcement measures will fail to tackle corruption, it is predictedThe government’s long-delayed register of offshore owners of UK property will fail to tackle corruption unless multiple loopholes in the draft legislation are closed, experts have warned.On Monday, the government announced it would introduce a “register of overseas entities” requiring anonymous foreign owners of UK property to publicly declare their true identities as part of its draft Economic Crime (Transparency and Enforcement) bill. Continue reading…
Source : theguardian.com
Read more…Register of offshore owners of UK properties full of loopholes, say experts
