Companies House Clamping Down

“The government is introducing a ‘Register of Overseas Entities’ to crack down on foreign criminals using UK property to launder money.

The new register will require anonymous foreign owners of UK property to reveal their real identities to ensure criminals cannot hide behind secretive chains of shell companies, setting a global standard for transparency.

The ‘Register of Overseas Entities’ will, amongst other proposals, apply retrospectively to property bought since January 1999 in England and Wales and since December 2014 in Scotland.”