The home secretary has vowed to stem the flow of “dirty money” into the City of London in an attempt to end its reputation as a safe haven for “criminals and corrupt kleptocrats” to hide their money. Amber Rudd highlighted a National Crime Agency estimate that £90bn is laundered via London each year. Rudd conceded […]

The Criminal Finances Bill brings with it the most fundamental changes to proceeds of crime legislation for many years. Many may be unprepared for the extent to which the new Unexplained Wealth Orders (UWO) will entitle authorities to freeze assets of above £100,000 without notice, and if a sufficient explanation for their provenance is not […]