Written Question·Department for Business and Trade·UIN 126580
Property: Foreign Companies
Tabled: 13 April 2026
Answered: 20 April 2026
Question
Neil Coyle
Labour — Bermondsey and Old Southwark
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the Economic Crime and Transparency Act 2023 on the number of properties owned by offshore companies.
Answer
Blair McDougallThe Department has not made a specific assessment of the impact of the Economic Crime and Corporate Transparency Act 2023 on the number of properties owned by offshore companies. The Register of Overseas Entities was established and further strengthened t...
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