Connect with us


New UK law mandates foreigners to declare acquired properties



The United Kingdom has mandated foreigners or overseas entities that own land or property to declare beneficial owners and/or managing officers.

The law entitled ‘Economic Crime (Transparency and Enforcement) Act 2022’ established the new ‘Register of Overseas Entities’, held by the UK’s Companies House.

The law, which took effect on August 1, 2022, also made provisions for “severe sanctions” for those who do not comply, including restrictions on buying, selling, transferring, leasing or charging their land or property in the UK.

Under the new law, overseas entities who want to buy, sell or transfer property or land in the UK must register with the Companies House and declare who their registrable beneficial owners or managing officers are.

The law also required overseas entities who already own or lease land or property in the UK to register with Companies House and disclose registrable beneficial owners or managing officers by January 31, 2023.

“This applies to overseas entities who bought property or land on or after: 1 January 1999 in England and Wales, 8 December 2014 in Scotland,” the UK government said.

“Overseas entities only need to register property or land bought in Northern Ireland on or after 1 August 2022.”

It added that entities that disposed of property or land after February 28, 2022, would need to give details of those dispositions.



  1. Josephplemi

    September 6, 2022 7:50 am at 7:50 am

    Gultekin Ben Gultekin Ben

  2. marizon ilogert

    September 29, 2022 8:02 am at 8:02 am

    WONDERFUL Post.thanks for share..more wait .. …

Leave a Reply

Your email address will not be published.


Army captain announces takeover in Burkina Faso — second coup in 8 months




Ibrahim Traore, army captain in Burkina Faso, has ousted Paul-Henri Damiba, the country’s military leader.

Traore announced the development in a national broadcast on Friday evening.

Earlier on Friday, TheCable had reported that heavy gunfire was heard from the main military base and some residential areas in Ouagadougou, Burkina Faso’s capital.

A number of armed soldiers had also been positioned along the road leading to the presidential palace.

However, Damiba, in a statement via the presidency’s Facebook hours later, said the incident was the result of mood swing of soldiers, adding that people should not panic over what they are reading on social media.

He had also said discussions were underway to restore calm.

Traore, in a national broadcast on Friday, cited Damiba’s inability to deliver on his promises as the reason for the coup.

“Faced with the deteriorating situation, we tried several times to get Damiba to refocus the transition on the security question,” he said.

“Damiba’s actions gradually convinced us that his ambitions were diverting away from what we set out to do. We decided this day to remove Damiba.”

According to Traore, Damiba had rejected proposals by the officers to reorganise the army and instead continued with the military structure that had led to the fall of the previous government.

He added that national stakeholders will soon be invited to adopt a new transitional charter and designate a new civilian or military president.

He also announced that borders were closed indefinitely and all political activities were suspended.

The development makes it the country’s second coup in eight months.

Continue Reading


WhatsApp, Instagram access restricted in Iran as anti-hijab protests enter 6th day




Access to Instagram and WhatsApp have been restricted in Iran following escalating “anti-hijab” protests which have now entered the sixth day.

The protests were sparked by the death of Mahsa Amini, who was said to have been arrested on September 13 for not wearing a proper hijab.

According to the BBC, the 22-year-old Amini died three days after her arrest and detention, and during her funeral, protests broke out.

Prior to the latest restrictions, Twitter and Facebook had been banned in Iran.

Netblocks, an independent non-partisan global internet monitor, also confirmed network restrictions.

“Users have also reported the disconnection or severe slowing of internet service in multiple cities since the first disruption was registered on Friday 16 September 2022,” NetBlocks said.

Also, WhatsApp, owned by Meta, has reacted to the reports of restrictions of its service in Iran.

“The core of our mission is to connect people privately. We are not intentionally disrupting access to our platform, nor are we blocking Iranian numbers. We do everything in our technical power to maintain our services and enable the use of all users in the world,” WhatsApp tweeted on Thursday.

According to a BBC report, Amini, a Kurdish woman from the north-western city of Saqez, was arrested by the morality police after she was accused of breaking a law requiring women to cover their hair with a hijab or headscarf.

She was said to have fallen into coma shortly after collapsing at a detention centre.

According to a statement by the United Nations (UN), Nada al-Nashif, UN high commissioner for human rights, has called for an investigation into the death of the 22-year-old, adding that there are reports that she was beaten on the head with a baton.

“Mahsa Amini’s tragic death and allegations of torture and ill-treatment must be promptly, impartially and effectively investigated by an independent competent authority, that ensures, in particular, that her family has access to justice and truth,” Al-Nashif said.

“The authorities must stop targeting, harassing, and detaining women who do not abide by the hijab rules.”

The police have denied that the deceased was mistreated and said she suffered “sudden heart failure”.

But her family insists that she was in good health before the arrest.

The compulsory dress code for women, which requires them to wear a headscarf and loose-fitting clothes, came into effect in Iran after the 1979 Islamic revolution.

Meanwhile, the “morality police” in the country are responsible for enforcing strict adherence to the dress code.

Amid the restrictions to social media platforms, there have been videos of women burning their hijabs, while some have cut their hair in protest.

According to the Iran human rights organisation, as of Thursday, there have been “mass arrests”, while at least 31 civilians have been killed over the protests.

See some tweets on the protests below

Continue Reading


WATCH LIVE: Mourners wipe tears as UK pauses and falls silent at Queen Elizabeth’s funeral




The crowd who have gathered outside Westminster Abbey and along Parliament Street fell silent as the funeral service for Queen Elizabeth II began, writes reporter Samuel Osborne.

Members of the public whispered to those next to them while others gently hushed children as the service was broadcast to the crowd over loudspeakers.

Many stood in quiet contemplation while others wiped away tears as they listened to the hymns and readings.

What must be hundreds, if not thousands, of people rose to their feet in London’s Hyde Park for the start of the funeral of Queen Elizabeth II, writes reporter Victoria Seabrook.

The chatter from earlier became hushed and most in the crowd stood with their hands together, listening to the service.

It is also striking how few people held up their phones to take photos or videos – now a familiar sight at big gatherings, especially music festivals.

Seeing everyone sitting down again gave a better sense of just how many people are here.

Other than the audio from the ceremony, booming through the speakers, it is staggeringly quiet for such a large crowd.

According to official figures, tens of thousands of people are there.

Continue Reading

Most Read...