UK Government rejects call to include trusts in property beneficial ownership register

UK Government rejects call to include trusts in property beneficial ownership register Source image: / CC by 2.0

The UK government rejected call to amend the Registration of Overseas Entities Bill to include trusts in its explicit scope, or to lower the 25 per cent threshold for beneficial ownership. The Bill creates an open register of beneficial ownership of overseas entities that own property in the UK.

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