An Emirati prince, a South African race car driver and an alleged fixer for Syrian President Bashar Assad are among the hundreds of individuals who have declared their ownership of U.K. real estate through offshore entities to a new, public database built to curb illicit finance.
U.K. lawmakers made last-day amendments to plug several loopholes in legislation passed Tuesday that mandates the creation of a public database of individuals who use offshore legal entities to acquire real estate in Britain.