Early day motion tabled by primary sponsor Mark Durkan (Social Democratic & Labour Party), on Wednesday, 8 July 2015, in the House of Commons. It is signed by 42 members in total.

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MONEY LAUNDERING THROUGH LONDON PROPERTY MARKET

That this House notes the recent screening of From Russia with Cash on Channel 4; expresses its concern that the proceeds of corruption are being laundered through the London property market via the use of anonymous offshore companies; and recommends that corporate transparency become a Land Registry requirement so that any foreign company intending to hold a property title in the UK is held to the same standards of transparency required of UK registered companies, so preventing London or other locations from becoming a safe haven for the corrupt.

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Secondary information

Type

Early day motion

Reference

275 

Session

2015-16

Other sponsors

Peter Bottomley

Alan Meale

Jeremy Corbyn

Mike Weir

Jim Shannon

Subjects

Crime Housing Financial services

Link

View this Early day motion on www.parliament.uk