Miscellaneous

On 1 June 2023 Stronachs LLP, the full-service law practice headquartered in Aberdeen, announced a number of internal promotions. 

Neil Forbes, on behalf of the Board, said:

“We are very pleased to announce that Kirsten Anderson of our private client team and Callum Armstrong of our corporate team have been assumed as Partners.  Both joined Stronachs as trainees and it is testament to their ability and commitment to the firm and its clients that they have achieved partnership at this stage of their career.

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What is the Register of Overseas Entities?

Following the introduction of the Economic Crime (Transparency and Enforcement) Act 2022 (the “Act”) earlier this year, a new public register controlled by Companies House, the Register of Overseas Entities (the “ROE”), launched on 1 August 2022. The Act had been expected to be introduced for a number of years, however, following Russia’s invasion of Ukraine, the Act was fast-tracked to the top of the political agenda and received royal assent on 15 March 2022. The main purpose of the ROE is to provide transparency by recording details of foreign owners of property and land in the UK to ensure these individuals cannot hide their identity behind a chain of shell companies. This should allow law enforcement agencies to investigate suspicious wealth more effectively.

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