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Clamp down on foreign ownership of UK property launched
David Marchant
Posted: Tuesday, July 24, 2018
Joined: 9/13/2007
Posts: 1232


economia: Unlimited fines and up to five years in prison await foreign individuals found to have used overseas shell companies to hide their true identity and buy properties in the UK with dirty money

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.