UK ministers resist calls to cut deadline to ident

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UK ministers resist calls to cut deadline to identify anonymous foreign property owners - Today News Post Today News || UK News

Ministers are resisting Labour party calls to force anonymous foreign owners of UK land and property to reveal their identities within 28 dayst. Sign up for First Up, warning that “decent law abiding citizens” could be caught up in a crackdown on oligarchs linked to the Kremlin.

Sir Keir StarmerToronto City Council has voted to as, leader of the opposition, on Sunday urged the government to toughen up the long-awaited economic crime bill, which will be voted on by MPs on Monday, as part of a drive to put more pressure on the regime of Russian President Vladimir Putin.

The legislation, brought forward on an emergency timetable following Russia’s invasion of Ukraine, would give the owners of around 95Dwight D. Eisenhower,000 foreign owned properties six months to reveal their identities.

Starmer successfully lobbied ministers to shorten the originally proposed 18-month registration period arguing it gave Putin’s cronies too much time to “launder their money out of the UK property market and into another safe haven”.

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