Research Briefing
Economic Crime (Transparency and Enforcement) Bill
The Economic Crime (Transparency and Enforcement) Bill is a government bill that is being fast-tracked through Parliament. It completed its second reading and remaining stages in the House of Commons on 7 March 2022. The bill would make provision in three areas: part 1 would introduce a register of the beneficial owners of overseas entities that owned land in the UK; part 2 would make changes to strengthen unexplained wealth orders; and part 3 would make changes to sanctions legislation to help deter and prevent breaches of financial sanctions.