Is money-laundering a problem for the London property market?

[Nicholas Wallwork]

As the fallout from the leaked Panamanian tax papers continues many are starting to ask questions about money-laundering and the impact this may have on the London property market. This is not the first time that some experts have questioned the ever increasing demand for London property and the fact that many underlying owners of

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It can be annoying when the media seem to give the impression it is only London which needs to be aware of money-laundering in the property market. The fact is that any investment market is a potential target for money laundering although it is perhaps the amount of money changing hands in the London property market which makes it stand out.

Money-laundering is an issue around the world not just London.