As part of the government's ambition to tackle economic crime, the Economic Crime and Corporate Transparency Act 2023 (ECCTA) became law on 26 October 2023.
Whilst further regulations will be required to bring the changes into force, the HSF Corporate Real Estate team explore what these changes means for those in the real estate sector (including owners, investors and lenders) and how those affected can begin preparing.
Please read the full briefing here. A summary of the changes to the Register of Overseas Entities (as featured in the Estates Gazette) can also be found here.
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The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.