UNEXPLAINED WEALTH ORDERS

On 8 January, the House of Commons Library published a briefing paper saying that the Criminal Finances Act 2017therefore introduced Unexplained Wealth Orders (UWO).  Nicknamed “McMafia Orders” (after the book and TV series of the same name), they targeted at people linked with serious crime or who hold public office outside of Europe, they allow law enforcement to apply for a court order requiring someone to explain their interest in property and how they obtained it. In theory UWO provide an opportunity to confiscate assets without ever having to prove that the property was obtained from criminal activity. 

https://commonslibrary.parliament.uk/research-briefings/cbp-9098/

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, 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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