Testing the limits of transparency: Guy Abrahams is quoted in Property Week on land ownership
Private Client Partner, Guy Abrahams, has been quoted in the Property Week article ‘Testing the limits of transparency’.
The article seeks the opinion of industry experts on the transparency of Britain’s property market regarding land ownership. The push for greater transparency is to help target illicit finance and corruption in the property sector.
Guy explains a key issue in identifying property owners is balancing the need for transparency with the right to privacy. On whether the government should enforce the publicity of property-owning trusts, he comments that it would not go far enough to minimise the chance of illicit funds infiltrating the property market.
The full article can be read here.
Please contact Guy to discuss any of the topics raised in this article.