What is the Russian influence on London’s property market?

Lead AML Consultant, Malcolm Driscoll, talks to The Times about the rise in Suspicious Activity Reports (SARs) and the high price of getting involved with people subject to sanctions.

In the week that the billionaire Roman Abramovich has confirmed he is selling Chelsea Football Club and rumours circulate that his homes in Kensington and Chelsea are also on the market, estate agents have reported that Russian buyers and sellers across the capital are considering their options as the war in Ukraine escalates and sanctions start to bite. Amid the swirl of misinformation and myth regarding Russians and their influence on the prime London property market, here’s what we know.

Read the full article in The Times (paywall)
4 March 2022