@UKRAINEwearewithyou
Any particular reason why other countries can seize Russian oligarchs assets but this country want to give 18 months notice to sell up and move money (possibly reduced to 28 days notice later if Labour get their way).
Is London really the capital for dirty money?
Most sanctions are either in place or will be in place within this month. There is an argument that not enough people are sanctioned but some sanctions appear to affect all Russian nationals, although this may be limited to exclude dual nationals or UK residents unless they are specifically named.
The 18 months you are referring to is the time that foreign companies who are owners of UK property need to register the identity of the individuals that are behind them.
It is true that lots of foreign nationals own UK property, directly or indirectly, because it is seen as a safe asset against economic shocks. We do not have laws forbidding any class of people to own property as a general rule, the laws affect the checks that need to be done to check the money to buy the property was acquired legally. The register will make it much more transparent about who owns what, and possibly affect how easy it is for firms to do their money laundering checks, but all the checks should be done now anyway, the register just means more knowledge is brought into the open.