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Ownership Transparency in the UK's Real Estate Market
This chapter discusses the issue of ownership transparency in the UK's real estate market and the introduction of a register that requires people who own properties through companies to declare their ownership. It explores the ethical concerns surrounding the ownership of luxury properties by politically exposed individuals and the effectiveness of the sanctions program. The chapter also reveals the ownership of several million pound properties in London, including the son of a serving Azerbaijani minister, the daughter of the former president of Kazakhstan, and someone wanted by Interpol believed to be living in Dubai.