/ News / Syed Rahman assesses the UK’s approach to tackling corruption for Lawyer Monthly
Author: Syedur Rahman 22 June 2021
With the government having strengthened its sanctioning powers to prevent those with dirty money putting it to use in the UK economy, Syed Rahman considered the new approach.
Syed wrote an article that was published by Lawyer Monthly. In it, he detailed the asset freezes and travel bans that have already been imposed on 22 individuals from Russia, South Africa, Saudi Arabia and Latin America.
But he also emphasised that the new powers would count for little if they are not used regularly and effectively. To reinforce the importance of this, his article refers to the scale of worldwide corruption and the low rate of prosecution of economic crime.
Syed outlined the UK legislation relating to anti-corruption sanctions and the approach taken in recent years by the government. He made it clear that while he believes the new sanctions could usher in a new era of tackling corruption, a lot will depend on the UK actively using the measures at its disposal to target those it believes are responsible for the wrongdoing.
Syed's article featured on Lawyer Monthly.
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Syedur Rahman is known for his in-depth experience of serious fraud, white-collar crime and serious crime cases, as well as his expertise in worldwide asset tracing and recovery, international arbitration, civil recovery, cryptocurrency and high-stakes commercial disputes.