The Economic Crime (Transparency and Enforcement) Act 2022 (the “Act”) created the Register of Overseas Entities (“ROE”) at Companies House to make it more difficult for bad actors to launder dirty money through property in the UK and to increase transparency around property ownership.  Most overseas entities (“OEs”) with legal or beneficial interests in UK registered property were required to register on the ROE by 31 January 2023. OEs acquiring UK land for the first time must also ensure that they are registered on the ROE before making an application to HM Land Registry to register their purchase.