UK Account Freezing Orders Have Quietly Made An Impact

Law360 (February 7, 2020, 4:42 PM EST) -- Of all the new enforcement powers introduced by the Criminal Finances Act, there is one that has dominated media coverage.

Although unexplained wealth orders, or UWOs, have been used sparingly to challenge the source of funds used to purchase a dozen or so properties, they have attracted a lot of publicity.

But while UWOs have had the bulk of the coverage, it is another of the act's new measures — the account freezing order, or AFO — which is arguably making the greater impact on alleged beneficiaries of economic crime.

In September last year, the Home Office Criminal Finances Team published...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!