2019 is set to be the year that unexplained wealth orders (UWOs) become a regular and well-used feature in the UK’s legal system?
With the National Crime Agency (NCA) having stated that it has already considered 140 cases to see if they are suitable for a UWO, it would be a surprise if this year did not see a sharp increase in their use. Especially as the NCA has spoken openly about looking into Russian-owned assets in the UK.
With this in mind, Aziz Rahman of Rahman Ravelli wrote a piece, which featured on Risk UK, considering the NCA’s stance and why the use of UWOs may appeal to it.
The full article can be read here.