Reserved Investor Fund
In the Spring Budget 2024, the Government published its response to the consultation on the proposed introduction of an unauthorised co-ownership contractual scheme, the Reserved Investor Fund (RIF). AREF is delighted that the Government will begin to legislate for the RIF in the Spring 2024 Finance Bill. The Government is planning to engage further with stakeholders on the policy design for the RIF, particularly the tax rules.
Basel Committee - Disclosure of climate-related financial risks
AREF has responded to the consultation from the Basel Committee on Banking Supervision on the Disclosure of climate-related financial risks
Transparency of land ownership involving trusts
The UK Government have consulted on improving transparency of land ownership when trusts are involved in the ownership structure. AREF responded to this consultation. More details can be found here.