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Unexplained Wealth Orders in the UK: What Will This Year Bring?

When it comes to unexplained wealth orders (UWOs), the UK’s much-vaunted tool to tackle criminal wealth, 2020 was a rollercoaster.

Unexplained Wealth Orders in the UK: What Will This Year Bring?
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It saw the National Crime Agency’s (NCA) first failure to defend in court the issuance of several UWOs against properties owned by a politically connected Kazakh family, but also its first success in confiscating £10 million worth of real estate from an alleged organised crime figure who was compelled to explain his wealth.

Read more at RiskScreen.

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