1. The word limit for all parts together is 2000 (Two Thousand) words (NOT including footnotes/bibliography). You may divide this total wordcount between the 4 parts as you see fit.

Question:

• Foreign Direct Investment in the UK Property Market

“UK property has long been a safe haven for overseas investors seeking a stable political and business climate, financial security or an attractive place to live. However, there is growing evidence that it has also, become a safe haven for corrupt capital stolen from around the world, facilitated by the laws which allow UK property to be owned by secret offshore companies.” (Anon)

In light of the above, critically analyse the fitness of the current legislative framework (including the draft legislation titled the Registration of Overseas Entities Bill) to tackle the issue of foreign direct investment in the UK property market being used as a vehicle for the laundering of illicit wealth.

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