Failure to properly grasp the implications of UK's Economic Crime (Transparency and Enforcement) Act 2022 could be catastrophic, with significant financial and criminal consequences.
Collas Crill is running an invite-only seminar to those businesses offering corporate or fiduciary services or loan facilities to non-UK entities owning UK property to outline the implications of the new legislation.
The Collas Crill team will be joined by Andrew Weir and Liam Monaghan from London Central Portfolio, who will share their views on the Prime Central London residential property market. It will be an opportunity to hear first hand news of the current state of play and predictions for 2023 covering both capital growth and the lettings market.
Collas Crill has significant experience of advising clients with overseas entities since the introduction of the new legislation. Its UK Property Team can assist with the identification and verification requirements under the Act and filing at Companies House.
For more information on this please contact Michael Morris.