Compliance & Anti-Financial Crime
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AML, Financial Crime, UK

NEWS: Sanctioned Russian oligarchs exploited UK legal loophole, investigation reveals

By Elizabeth Hearst for AMLi

Sanctioned Russian oligarchs have exploited a legal loophole in the UK, permitting them to not disclose the ultimate beneficial owner of companies. 

Despite the UK government implementing new measures to force UK companies to disclose their real ownership, English Limited Partnerships (ELPs), were not included. 

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