The UK will now require foreign companies holding British property to identify their true owners in an official register, the government said on Monday, as part of a crackdown on Russian oligarchs and corrupt elites laundering illicit wealth. The "Register of Overseas Entities", which becomes active from Monday, is part of a wider economic crime law enacted this year in an effort to stop the flow of illicit Russian cash into London following Moscow's invasion of Ukraine. It will seek to ensure criminals cannot hide behind secretive chains of shell companies, and support government efforts to root out Russian oligarchs using property in Britain to hide dirty money, the
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