March 14, 2025

overseas territories

Property

UK fines offshore entities for ignoring property register, but few pay

By Kirstin Ridley LONDON (Reuters) – Britain has fined over 400 overseas entities for failing to sign up to a new register designed to shed light on illicit wealth hidden in UK property, although less than 3% of the penalties have been paid so far, new data shows. Companies House, Britain’s public corporate registry, told

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