A register of overseas entities would be set up, so the actual owners of land or property in the UK bought by people or companies overseas in the last 20 years would be named.
Failure to name the actual owner of property would be a criminal offence under the bill, with up to five years' in jail.Clamping down on Russian oligarchsInvestigators would also be allowed to target people who manage properties within complicated offshore arrangements, even if they're not the actual beneficiary.
Under the bill, it would be easier for the UK to sanction individuals as they would no longer have to have, or be suspected to have, breached sanctions law.
Crack down on the drug gangs and stop the cash flow. Also their crypto is not controlled their laughing 😡
Well let's hope WW4 comes to test as for WW3 its too late.
How long will it take for the Bill to become law?
Their money and assets have already been laundered out of the country and sold. Too little too late.
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