On 8 June 2022, and to coincide with the introduction of amendments to the Economic Crime (Transparency and Enforcement) Act 2022 (“the Economic Crime Act”), the UK’s Office of Financial Sanctions Implementation (“OFSI”)...more
In the early hours of 15 March 2022, the Economic Crime (Transparency and Enforcement) Act (the “Act”) came into force. The rapid passage of the Act through the UK Parliament, after years of delays, came in response to...more
3/25/2022
/ Anti-Money Laundering ,
Beneficial Owner ,
Corporate Crimes ,
Corporate Governance ,
Disclosure Requirements ,
Economic Sanctions ,
Foreign Entities ,
Foreign-Owned Corporations ,
Person with Significant Control (PSC Register) ,
Politically Exposed Person (PEPs) ,
Real Estate Transactions ,
Real Estate Transfers ,
Russia ,
Transparency ,
UK ,
Ukraine ,
Unexplained Wealth Orders (UWOs)