Romanian translation. This page is translated from the canonical English version for general information. UK legal terms do not always translate exactly — check the English source for legal decisions and seek professional advice for important matters. The English page is authoritative.
Rezumat
The principal statute on criminal confiscation, civil recovery of the proceeds of crime, and anti-money laundering. Provides for confiscation orders after conviction, civil recovery without conviction, cash seizure, and the obligations on the regulated sector to report suspicions of money laundering via Suspicious Activity Reports (SARs).
Puncte cheie
- Confiscation orders after conviction (Part 2)
- Civil recovery of proceeds of crime (Part 5)
- Cash seizure and detention (Part 5, Chapter 3)
- Money laundering offences (Part 7, ss.327-329)
- SARs — duty to report suspicious activity (s.330-331)
- Account freezing and forfeiture orders (as amended)
- Confiscation orders after conviction — criminal lifestyle assumptions (Part 2)
- Civil recovery of proceeds of unlawful conduct without conviction (Part 5)
- Cash seizure and detention powers for law enforcement (Part 5, Chapter 3)
- Money laundering offences: concealing, arranging, acquiring (ss.327–329)
- Failure to disclose / tipping off offences (ss.330–333)
- Suspicious Activity Reports (SARs) regime
- Unexplained Wealth Orders added by Criminal Finances Act 2017
Părți și secțiuni
Istoricul amendamentelor
2017 — Criminal Finances Act 2017
Introduced unexplained wealth orders, extended seizure and forfeiture powers to bank accounts, and created a corporate offence of failure to prevent facilitation of tax evasion.
2017 — Criminal Finances Act 2017
Introduced Unexplained Wealth Orders (UWOs) and extended civil recovery powers.