Dawn raids – how to prepare for the unexpected

The continuing focus and scrutiny of regulators and law enforcement agencies on countering anti-money laundering and counter-terrorist financing activities are a reality worldwide. Banks, trustees, companies and other businesses dealing with private clients often possess and handle highly sensitive information which may be the subject of a dawn raid investigation. In particular, Trust and Company … Read more

Unexplained Wealth Orders: How might this new investigative tool affect you?

From 31 January 2018, UK authorities can use new and expansive investigative powers to require both individuals and corporate bodies to provide information as to how they acquired property. Known as Unexplained Wealth Orders (“UWOs”), these new obligations to disclose information can apply to property anywhere in the world and can be served on persons … Read more