9781351053952 1351053957 9781351053969 1351053965 9781351053938 1351053930 9781351053945 1351053949
The Criminal Finances Act 2017 introduced the most radical change to tackling money laundering and corruption, recovering the proceeds of crime and counter terrorist financing, since the Proceeds of Crime Act was passed in 2002. This book will provide an excellent commentary on the changes introduced by the Act, with practical insights and an explanation of the Act's provisions. Topics included are: money laundering; unexplained wealth orders; terrorist property; tax evasion; and reasonable prevention procedures. Authored by Jonathan Fisher QC and Anita Clifford, barristers specializing in proceeds of crime and financial crime cases, this book will be of great interest and importance to all legal professionals working in the financial sector.
Formatted Contents Note
Cover; Half Title; Title; Copyright; Contents; Detailed Table of Contents; Table of cases; Table of legislation; Introduction; Chapter 1 Extending the SAR moratorium period; Introduction; Criteria for making the order; Which court?; Who can apply?; Timing of application; Subsequent applications; Procedure section 336B; Notice; Interested person; Specified information; Procedure rules of court; The hearing; Application notice; Respondents' notice; The order; Application to withhold specified information; Costs; Tipping off; Chapter 2 Money laundering and further information orders. IntroductionThe order; The application; Rules of court: procedure; Evidential status; Incriminatory evidence; Legally privileged material; Appeals; Non-compliance; Chapter 3 Money laundering and information sharing; Introduction; Voluntary disclosure; The conditions; Joint reporting; Impact on the duty to report; Confidentiality and privacy; Chapter 4 Unexplained wealth orders; Introduction; Requirements; The respondent; Politically exposed person; Criminal suspects and connected persons; Companies; Holding property; Property held by a company or trust; Timing. Insufficient means to obtain propertyKnown sources of lawful income; Trusts; Market value; Effect of a UWO; Trustee respondents; Providing the explanation; Interim freezing; Non-compliance; Timing; Extra-territoriality; Chapter 5 Challenging and responding to an unexplained wealth order; Introduction; Contentious areas; Challenging and varying an IFO; Costs; Responding to a UWO; Use of the explanation; Use of the new power; Chapter 6 Search, seizure, forfeiture and 'gross human rights abuse'; New powers to enforcement authorities; Serious Fraud Office; HM Revenue & Customs. Financial Conduct AuthorityImmigration officers; Offences; Civil cash and property forfeiture; Cash; Summary forfeiture of listed assets; Account freezing and forfeiture; Banks and building societies; Account freezing; Forfeiture; Expansion of 'unlawful conduct'; Gross human rights abuse or violation; Chapter 7 Terrorist financing and terrorist property; Introduction; Disclosure orders; Making the application; Terrorism; Terrorist property; Requirements to be satisfied; Relevant information; Written notice; Effect; Responding to a written notice; Legal privilege; Copies. Variation and dischargeInformation sharing within the regulated sector; The conditions; Joint reporting; Impact on the duty to report; Confidentiality; Further information orders; The application; Condition 1; Condition 2; Effect; Appeals; Civil recovery of terrorist cash and property; Terrorist cash; Objections to administrative forfeiture; Application to set aside administrative forfeiture; Terrorist assets; Terrorist money in bank and building society accounts; Banks and building societies; Account freezing; Administrative forfeiture; Powers extended to financial investigators.
Digital File Characteristics
Source of Description
OCLC-licensed vendor bibliographic record.