TACKLING ILLICIT FINANCE: SFO USES LISTED ASSET ORDER FOR FIRST TIME

On 30 September, an article from Kingsley Napley said that the SFO has followed in the footsteps of the NCA and HMRC by using, for the first time, a listed asset order to recover £500,000 worth of jewellery which it was satisfied represented the proceeds of crime.  They were introduced by the Criminal Finances Act 2017, and are a relatively new law enforcement tool targeting suspected illicit finances.

https://www.kingsleynapley.co.uk/insights/blogs/criminal-law-blog/tackling-illicit-finance-sfo-uses-listed-asset-order-for-first-time#page=1

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

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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