{"id":107279,"date":"2019-05-20T06:01:17","date_gmt":"2019-05-19T23:01:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-register-needed-urgently-to-stop-money-laundering\/"},"modified":"2019-05-20T06:05:47","modified_gmt":"2019-05-19T23:05:47","slug":"uk-property-register-needed-urgently-to-stop-money-laundering","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-register-needed-urgently-to-stop-money-laundering\/","title":{"rendered":"UK property register 'needed urgently' to stop money laundering"},"content":{"rendered":"


\nMPs and peers say plans for register of foreign-owned property should not be delayedProposals for the first register of foreign-owned property aimed at preventing \u201cMcMafia-style\u201d money laundering should be put in practice urgently and reinforced to plug potential loopholes, the government has been told.Draft legislation contains insufficient verification checks to deter criminals from submitting false information and could allow those exploiting trusts to circumvent controls, MPs and peers have said. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK property register ‘needed urgently’ to stop money laundering<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MPs and peers say plans for register of foreign-owned property should not be delayedProposals for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107279","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rUj","jetpack-related-posts":[{"id":107299,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/patch-holes-in-property-register-implement-it-quickly-to-halt-us115-billion-in-yearly-money-laundering-uk-government-told\/","url_meta":{"origin":107279,"position":0},"title":"Patch holes in property register, implement it quickly to halt US$115 billion in yearly money laundering, UK government told","date":"May 20, 2019","format":false,"excerpt":"\r Proposals for the first register of foreign-owned property aimed at preventing \u201cMcMafia-style\u201d money laundering should be put in practice urgently and reinforced to plug potential loopholes, the UK government has been told.Draft legislation contains insufficient verification checks to deter criminals from submitting false information and could allow those exploiting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93425,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-fight-against-money-laundering-is-fragmented-and-overwhelmed-mps-told\/","url_meta":{"origin":107279,"position":1},"title":"UK fight against money laundering is fragmented and overwhelmed, MPs told","date":"July 9, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK fight against money laundering is fragmented and overwhelmed, MPs told","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cross-party-mps-call-for-more-action-on-money-laundering-and-corruption\/","url_meta":{"origin":107279,"position":2},"title":"Cross-party MPs call for more action on money laundering and corruption","date":"May 12, 2022","format":false,"excerpt":"\r UK is now \u2018the jurisdiction of choice for dirty money\u2019, warns parliamentary group as it launches economic crime manifestoThe UK has become \u201cthe jurisdiction of choice for dirty money\u201d, harming both its national reputation and democratic institutions, a cross-party group of MPs has warned as they urged a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-decry-failed-effort-to-stop-uk-property-money-laundering\/","url_meta":{"origin":107279,"position":3},"title":"MPs decry 'failed' effort to stop UK property money laundering","date":"July 15, 2016","format":false,"excerpt":"\r Committee says \u00a3100bn is being laundered each year and its chairman says system for tackling problem is \u2018futile and impotent\u2019Government attempts to stop the UK property market being exploited by international money launderers are \u201ctotally inadequate\u201d and the country has instead \u201claid out a welcome mat\u201d to criminals, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-public-register-is-redundant-and-deprives-buyers-of-privacy-say-industry-players\/","url_meta":{"origin":107279,"position":4},"title":"UK public register is redundant and deprives buyers of privacy, say industry players","date":"February 8, 2018","format":false,"excerpt":"\r Property industry players believe the UK government\u2019s existing system to deter tax evasion and money laundering is already strong enough and are concerned about privacy issues arising from the introduction of a public register in 2021. The public register will disclose the identities of the ultimate buyers of UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-firms-with-uk-property-could-be-forced-to-reveal-real-owners\/","url_meta":{"origin":107279,"position":5},"title":"Foreign firms with UK property could be forced to reveal real owners","date":"April 6, 2017","format":false,"excerpt":"\r Government plans public register of \u2018beneficial owners\u2019 of firms in move to combat money laundering and corruption Overseas companies holding property in the UK could be required to declare who really controls them under government plans to crack down on corruption and money laundering.The business minister Margot James has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107279"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=107279"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107279\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}