It is four years since the meeting in Singapore where the then prime minister David Cameron made an anti-corruption speech to a gathering of world leaders, yet legislation is still awaited to deal with what some see as the use of foreign companies to hide the true ownership of property purchased by improper or illegal means.
David Roberts appears in RICS Property Journal discussing the draft Registration of Overseas Entities Bill that aims to ensure that an overseas entity must become registered to hold a qualifying legal estate in land.
Shelling out is available to download on the RICS Property Journal website.
David is an associate in our real estate team. He is experienced in advising on various commercial and residential property matters for both private individuals and companies.