Overseas Entities Bill

The Draft Registration of Overseas Entities Bill: another necessary layer of bureaucracy or a needless obstacle to business in these challenging times?

I’m all for certain necessary regulation, whereby orderly business is carried out with a high degree of integrity and due diligence, but often there is a disconnect between over zealous bureaucrats and the need for commerce.

It is quite true, that at one point buying assets in the UK was ‘loose and light’ and un-doubtedly, there was not enough regulation to prevent ‘dirty money’ being exchanged for, say, property in this country. Read more