This paper provides a background to the introduction of Unexplained Wealth Orders, explaining the current civil recovery regime contained within the Proceeds of Crime Act 2002, and why the introduction of these new powers was felt necessary in the current climate.
The position of London as a global financial centre, the cross-border nature of financial flows and related criminality, and the importance of information sharing and transnational partnership in tackling financial crime make a strong case for remaining a member of the EU.
Buying property through anonymous companies registered offshore is an ideal way to legitimise money earned through corrupt means, as cases in Russia have shown. More specialist knowledge is required if David Cameron’s proposed beneficial ownership register is to be successful.
Improved bomb-making capabilities and its desire to mark the centenary of the 1916 Easter Rising have made the ‘New IRA’ a genuine threat. With British security resources focused on countering Daesh, the group could see now as the opportune moment for it to make its mark.
The debate over the Panama Papers has focused too much on the emotive issue of tax, and not enough on the issue of transparency. The UK is at the heart of the problem – but can also be at the heart of the solution.
The UK PONI Autumn Seminar brought together three former Cabinet ministers to present personal accounts of their interactions with nuclear policy and decision-making, conveying their insights to the...