Parliament approves legislation targeting unexplained wealth
Justice Minister Nigel Feetham during a debate in Parliament.
A Bill allowing the Supreme Court to make Unexplained Wealth Orders (UWOs) passed in Parliament on Thursday with unanimous support from both sides of the House. The Bill creates another tool to tackle financial crime through an amendment to the Proceeds of Crime Act 2015, echoing pre-existing legislation in various jurisdictions including the UK. On...
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