Money Laundering

A range of offences was introduced by the Proceeds of Crime Act 2002, involving the acquisition, retention or transfer of criminal property, entering into money laundering arrangements, as well as offences relating to tipping off.

The 2002 Act also brought about a wholesale shift in focus of financial crime regulators in relation to the means by which they can seize criminal property, restrain it, and confiscate it – as well as significant information-gathering powers to find out about assets, monitor movements on bank accounts, and require production of documents.

As a result, a range of different types of party can find themselves connected directly or indirectly to a criminal fraud investigation, by reason of the Act. We provide specialist advice to those with interests over property seized by regulators, parties served with production orders regarding other persons' assets, as well as acting for clients in confiscation and civil asset recovery actions involving their own property.

If you would like to speak to us about your requirements, or if you would like further details regarding our services, please contact a member of our Business Crime Unit by email: BusinessCrimeUnit@bindmans.com or by telephone +44 (0) 20 7833 4433.