News & Analysis as of

Proceeds of Crime Act 2002 (POCA) Economic Sanctions

WilmerHale

Asset freezing and asset seizing under the UK sanctions regime

WilmerHale on

The UK’s National Crime Agency (NCA) recently secured its first forfeiture of sanctioned funds. This was a landmark achievement for the NCA’s Combatting Kleptocracy Cell, which has only existed since 2022 and aims to...more

Hogan Lovells

Amendments to the Proceeds of Crime Act and the New Sanctions and Anti-money Laundering Bill: the UK’s answer to the Global...

Hogan Lovells on

Following the use of a nerve agent in Salisbury earlier this year, there were calls for the UK to adopt a British equivalent to the US Global Magnitsky Act, enabling the state to sanction gross human rights violations...more

K&L Gates LLP

From Strength to Strength: Financial Sanctions

K&L Gates LLP on

On 7 March 2016, the new Police and Crime Bill (the “Bill”) received its second reading in Parliament. The stated aims of the Bill are to bring consistency to all penalties across the UK financial sanctions regimes, increase...more

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