The UK government intends to stop the flow of corrupt money from Russia

The UK government has serious intentions to carry out promised policy of “transparency of property rights” in the UK and to do everything possible to make sure that the real estate market in the UK is breaking the “law laundering” of funds.

With the increasing number of buyers from China, Russia and the Middle East investing in property in London, the more risk that unscrupulous buyers can use the purchase of real estate in London in order to hide assets or assets, received by the unscrupulous.

In July the British government decided to deal with the flow of corrupt money flowing into the country. But still not published specific plans and timelines for the submission of specific measures as to ensure greater transparency of external capital and property that are offshore.

On the task working together National Association of Estate Agents (NAEA “national Association of real Estate Agencies” and Transparency International is “an international non-governmental Organization to Fight Corruption”, generating joint action.

At the present time still continues to receive information that the real estate market of great Britain stretches the flow of corrupt money from Russia that do not meet the “law of money laundering”.

® Maxim Savitsky. 10.11.2015

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