{"id":134376,"date":"2023-02-03T13:00:26","date_gmt":"2023-02-03T06:00:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-the-government-thinks-uk-property-ownership-is-now-transparent-its-sadly-mistaken-oliver-bullough\/"},"modified":"2023-02-03T13:24:29","modified_gmt":"2023-02-03T06:24:29","slug":"if-the-government-thinks-uk-property-ownership-is-now-transparent-its-sadly-mistaken-oliver-bullough","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-the-government-thinks-uk-property-ownership-is-now-transparent-its-sadly-mistaken-oliver-bullough\/","title":{"rendered":"If the government thinks UK property ownership is now transparent, it\u2019s sadly mistaken | Oliver Bullough"},"content":{"rendered":"


\nA legal loophole means the identities of many foreign individuals \u2013 as opposed to companies \u2013 owning property in Britain are still unknown to the publicWhen Vladimir Putin launched all-out war on Ukraine a year ago, the British government realised that letting Russian oligarchs buy large chunks of west London had been foolish. The long-cherished belief that the civilising air of Eaton Square might turn kleptocrats into democrats was finally \u2013 if belatedly \u2013 abandoned.The fruit of the government\u2019s realisation is the new register of overseas owners of UK properties, which ended the anonymity that oligarchs enjoyed by hiding their mansions behind offshore-registered shell companies. The register has had some teething problems, in that 13,000 companies missed the January deadline to reveal their owners, but surely the bigger picture is that this enduring loophole in our transparency rules is finally closed, and the playing field levelled, right? Wrong. A huge loophole still exists, which renders last year\u2019s reform pretty much meaningless, and which almost no politicians have noticed.Oliver Bullough is the author of Moneyland: Why Thieves and Crooks Now Rule the World and How to Take It Back Continue reading…
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\nSource : theguardian.com
\nRead more…If the government thinks UK property ownership is now transparent, it\u2019s sadly mistaken | Oliver Bullough<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A legal loophole means the identities of many foreign individuals \u2013 as opposed to companies...<\/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-134376","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-yXm","jetpack-related-posts":[{"id":124755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boris-johnson-promises-uk-property-register-to-expose-kleptocrat-money\/","url_meta":{"origin":134376,"position":0},"title":"Boris Johnson promises UK property register to expose kleptocrat money","date":"March 1, 2022","format":false,"excerpt":"\r Plans first announced under David Cameron would strip secrecy from offshore ownership including by senior Russian figuresAs the government acts to squeeze Russian oligarchs in the wake of Vladimir Putin\u2019s invasion of Ukraine, Boris Johnson has promised to rush forward plans for a new public register, revealing the ultimate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-london-became-the-place-to-be-for-putins-oligarchs\/","url_meta":{"origin":134376,"position":1},"title":"How London became the place to be for Putin\u2019s oligarchs","date":"March 6, 2022","format":false,"excerpt":"\r From its biggest private house to a disused tube station, London has long been an attractive place for the Russian president\u2019s cronies to buy property. Their ill-gotten wealth permeated the capital at the expense of us allRussia-Ukraine war: live updatesFor years, if not decades, the luxury property market in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-looking-at-ways-to-speed-up-sanctions-against-russian-oligarchs\/","url_meta":{"origin":134376,"position":2},"title":"UK looking at ways to speed up sanctions against Russian oligarchs","date":"March 3, 2022","format":false,"excerpt":"\r EU accuses UK of lagging behind as Whitehall source says it is \u2018weeks behind where it should be\u2019Russia-Ukraine crisis: live newsMinisters are understood to be examining ways of speeding up the sanctions process, amid fears that targeting the government\u2019s full hitlist of more than 100 Russian oligarchs could take\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-seeking-fast-track-freeze-on-oligarchs-assets-before-formal-sanctions\/","url_meta":{"origin":134376,"position":3},"title":"MPs seeking \u2018fast-track\u2019 freeze on oligarchs\u2019 assets before formal sanctions","date":"March 6, 2022","format":false,"excerpt":"\r Amendment to the economic crime bill comes after criticism that UK has been slower to act than US or EURussia-Ukraine crisis: live newsRussian oligarchs suspected of having links to Vladimir Putin could have their UK assets seized even before the British authorities have completed formal steps to impose sanctions,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oligarchs-must-be-prosecuted-over-dirty-money-in-london\/","url_meta":{"origin":134376,"position":4},"title":"Oligarchs \u2018must be prosecuted\u2019 over dirty money in London","date":"June 30, 2022","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Oligarchs \u2018must be prosecuted\u2019 over dirty money in London","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yukos-oligarchs-target-british-space-launch-cash-in-clash-with-russia\/","url_meta":{"origin":134376,"position":5},"title":"Yukos oligarchs target British space launch cash in clash with Russia","date":"May 22, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Yukos oligarchs target British space launch cash in clash with Russia","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\/134376"}],"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=134376"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134376\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}