Tackling Illicit Finance - The New Economic Crime Act 2022

Introduction

Parliament made another move to tackle ‘corrupt elites and dirty money’, in the form of the Economic Crime (Transparency and Enforcement) Act 2022. After an expedited passage through Parliament following Russia’s invasion of the Ukraine, the Act received Royal Asset in March 2022.

How the Act works, and what it means for individuals, companies and their advisers, will be addressed in this 30-minute webinar.

What You Will Learn

This webinar will cover the following:

• Register of Overseas Entities
• The new register
• What it means in practice
• Reform of Unexplained Wealth Orders
• The reforms
• What they mean in practice
• Changes to UK sanctions
• What the changes are
• What they mean in practice

This webinar was recorded on 4th November 2022

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.