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.
The Partners of Stronachs LLP wish to announce that Carol Crowther will be retiring as a Partner of the Firm with effect from 7 January 2021. Carol has headed the Firm’s estate agency and leasing teams for many years and the partners and staff would like to take the opportunity to wish her all the best for the future.
The Firm is pleased to announce that two new roles within the Firm’s estate agency and leasing teams, Estate Agency Manager and Leasing Manager, will be filled by two long-standing members of staff, Jacqui Dougray and Liane Munro respectively.
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