Sentences with phrase «true registered owner»

Forged powers of attorney have been used to fraudulently mortgage properties or transfer title out of the true registered owner's name.

Not exact matches

LONDON — Britain is set to make its overseas tax havens disclose the true owners of companies registered there in a bid to clamp down on tax avoidance and money - laundering.

LONDON (AP)-- Britain is set to make its overseas tax havens disclose the true owners of companies registered there in a bid to clamp down on tax avoidance and money - laundering.

Several MPs demanded that British territories — former colonies, some of which have become major tax havens — be forced to publish registers of the beneficial, or true, owners of offshore companies.

One of the problems with joint tenancy ownership is that while the registered title might reflect joint ownership, the true beneficial owner might be one of the registered owners are in fact another unregistered owner in trust — as such, watch out for phony joint tenancies....

• High - risk countries: banks will be required to enhance their due dili - gence checks on financial transactions from high risk countries, including those on the harmonised list of non-EU countries with poor AML controls • Access to beneficial owners» registers: a higher level of transparency on the true beneficiary own - ers of companies will be achieved through the creation of national regis - ters and information shar - ing between EU member states these operators are able to compete on fair terms, thereby contributing to the overall efficiency of the chain.

But the mortgage company appears to be taking a valid mortgage from an individual registered on land titles, who is apparently the true owner.