Unexplained wealth orders (UWOs) enable authorities to take assets from those suspected of wrongdoing. A meticulous, astute response to a UWO will enhance your chances of keeping what is yours.
/ News / Unexplained Wealth Orders
News and media publications related to Unexplained Wealth Orders, the latest weapon available to the authorities that seek to take assets from those they suspect of wrongdoing.
As it is four years since unexplained wealth orders (UWOs) were introduced in the Criminal Finances Act 2017, Rahman Ravelli’s Nicola Sharp assessed their impact so far.
By Nicola Sharp 16 April 2021
Aziz Rahman, of financial crime specialists Rahman Ravelli, outlines why their efforts were never likely to succeed.
By Azizur Rahman 8 February 2021
The approach taken by HM Revenue and Customs (HMRC) to tackle tax evasion and money laundering was the subject of a Law Society Gazette article featuring Rahman Ravelli’s Nicola Sharp.
By Nicola Sharp 3 November 2020
Rahman Ravelli’s Nicola Sharp wrote an assessment of unexplained wealth orders and their use by the National Crime Agency.
By Nicola Sharp 20 October 2020
Nicola Sharp of financial crime specialists Rahman Ravelli sees this as a necessary step to improving the Islands’ unfavourable reputation.
By Nicola Sharp 14 October 2020
Malta appears to have shelved plans to make unexplained wealth orders a part of its legal system.
By Syedur Rahman 5 August 2020
As parliament’s Intelligence and Security Committee highlighted the consequences of laundered Russian money flowing into the UK, Thomson Reuters’ Regulatory Intelligence sought the views of Rahman Ravelli’s Joshua L Ray.
By Joshua L. Ray 23 July 2020
The High Court's dismissal of the NCA's attempt to use an unexplained wealth order (UWO) to seize three London homes worth £80m from the son of a Kazakh government official prompted Senior Partner Aziz Rahman to share is thoughts with Thoms...
By Azizur Rahman 9 April 2020
Unexplained wealth orders (UWOs) are arguably the most powerful tool that the authorities have for taking someone’s wealth.
By Azizur Rahman
13 January 2020
3 min read
Unexplained wealth orders (UWOs) have been described as the much-needed weapon to wage war on the flow of dirty money into the UK, however, to date, just 15 unexplained wealth orders have been obtained targeting four individuals.
By Azizur Rahman 2 September 2019