Following Moscow’s invasion of Ukraine last year, Britain trumpeted new legislation requiring property-ownership disclosure aimed at cracking down on Russian oligarchs and corrupt elites laundering illicit wealth.
Foreign companies holding UK property had until the end of Tuesday to identify their “beneficial owners” in a new public register, making Britain one of the first countries to do so. But a Reuters analysis of government data found that the people behind more than ten thousand UK-property owning foreign companies remain shielded from public view.
