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£100 million Account Freezing Orders “largest granted” to National Crime Agency

The National Crime Agency (NCA) has been granted Account Freezing Orders (AFOs) on eight bank accounts containing a total of more than £100 million which is suspected to have been derived from bribery and corruption in an overseas nation. The AFOs were obtained at Westminster...
Posted On 14 Aug 2019
Aziz Rahman
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Unexplained Wealth Orders: Will the trickle ever become a flood?

According to Donald Toon, the National Crime Agency’s (NCA) director of economic and cyber crime, unexplained wealth orders (UWOs) are the much-needed weapon for waging war on the flow of dirty money into the UK. With Toon’s organisation having just begun its second...
Posted On 11 Jun 2019
Jonathan Hall QC
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Jonathan Hall QC appointed as Independent Reviewer of Terrorism Legislation

Home Secretary Sajid Javid announced in a speech at New Scotland Yard the appointment of Jonathan Hall QC as the Government’s new Independent Reviewer of Terrorism Legislation. Hall has been a QC for five years and has been involved in complex and high-profile cases involving...
Posted On 21 May 2019
Aziz Rahman
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2019: The Year of the Unexplained Wealth Order?

With the National Crime Agency (NCA) having stated that the organisation is presently looking at upwards of 100 possible targets for Unexplained Wealth Orders (UWOs), Aziz Rahman considers the implications and asks whether this could be the year when UWOs really come of age. The...
Posted On 18 Feb 2019
Evan Wright
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Unexplained Wealth Orders: The Route Towards Greater Impact

Thursday 31 January witnessed the one-year anniversary of Unexplained Wealth Orders (UWOs), which were introduced to help authorities identify and seize property suspected to have been bought by laundered criminal funds. They hit the headlines last year following the arrest of...
Posted On 04 Feb 2019
Mick Creedon QPM
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Unexplained Wealth Orders: Not Just for the Super-Rich

Mick Creedon, the former Chief Constable of Derbyshire Constabulary, believes the use of Unexplained Wealth Orders in the UK is to be welcomed. However, their real benefit will emerge when they’re used against low-level criminals who seriously damage local communities. The...
Posted On 04 Jan 2019
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National Economic Crime Centre launched by Security Minister Ben Wallace

Ben Wallace, the Minister of State for Security and Economic Crime, has formally launched an ambitious new partnership to fight economic crime. The National Economic Crime Centre (NECC) has begun its work with a clear mission to protect the public, prosperity and the UK’s...
Posted On 12 Nov 2018
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National Crime Agency publishes Annual Report and Accounts for 2017-2018

The Annual Report and Accounts for the National Crime Agency (NCA) sets out the significant successes the organisation has had in the fight against serious and organised crime during 2017-2018, including 2,037 children safeguarded, 136 potential victims of trafficking rescued,...
Posted On 23 Jul 2018
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Launch of consultation on Criminal Finances Act Codes of Practice announced by Home Office

A four-week consultation has been launched on the Codes of Practice that will help law enforcement officers confiscate valuable items and other assets acquired using proceeds of crime as well as tackle the financing of terrorism. Indeed, law enforcement agencies will soon be able...
Posted On 03 Aug 2017
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Government promises “biggest reforms to anti-money laundering regime in over a decade”

Home Secretary Theresa May has set out the most significant changes to the UK’s anti-money laundering and terrorist financing regime in over a decade. The Government’s Action Plan for Anti-Money Laundering and Counter-Terrorist Finance will deliver on the aim set out in the...
Posted On 26 Apr 2016