ACCOUNT FREEZING ORDERS & ACCOUNT FORFEITURE ORDERS

On 28th November, Greenberg Traurig published Part III of its series on asset recovery powers available to UK law enforcement authorities focuses on new powers under the Criminal Finances Act 2017 to obtain orders to freeze bank accounts and apply for forfeiture orders, permanently depriving the account holder of the funds contained in the account.

https://www.gtlaw.com/en/insights/2018/11/prove-it-or-lose-it-part-iii-a-step-too-far-account-freezing-orders-and-account-forfeiture-orders

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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