Real Estate Talking Points: Register of Overseas Entities: Introducing the next act…
The Economic Crime and Corporate Transparency Act 2023 received Royal Assent on 26 October 2023. Once in force, Part 3 of this Act will make some important changes to the regime for registration of beneficial owners of overseas entities owning UK land on the Register of Overseas Entities held at Companies House.
In our latest Talking Points article, Siobhan Burton, Kathryn Griffiths and Tracey Kennedy explain the impact of the principal changes and consider what the future may hold in this context.