Anita Clifford

+
Covid-19 & consequences for anti-money laundering
Speedread: Anita Clifford considers the implications for anti-money laundering and Customer Due Diligence following the shift towards virtual client relationships in response to the global health emergency.
||
continue reading
The vulnerability-of-management-consultants-to-an-offence-of-money-laundering
+
The vulnerability of management consultants to an offence of money laundering
Speedread: Recent events suggest that management consultants are vulnerable to interacting with criminal property, thereby triggering a money laundering exposure under UK criminal law.
||
continue reading
The revamped Money Laundering Regulations 2017 in 2020: Five key changes
+
The revamped Money Laundering Regulations 2017 in 2020: five key changes
Speed read: Amendments to the Money Laundering Regulations 2017, introduced by the Money Laundering Regulations 2019, entered into force on 10 January 2020.
||
continue reading
Account freezing orders — recent developments and challenges
Anita Clifford discusses recent trends in the UK account freezing regime. Anita analyses the legal framework to assess the ways an individual might challenge an account freezing or forfeiture order and draws on developments in the Jersey proceeds of crime...
||
continue reading
Account forfeiture
+
Banking on account forfeiture — dramatic developments in the UK & Jersey
Speed read: The National Crime Agency’s recent success in the first major appeal of an account forfeiture order, coupled with the government’s 2019 Asset Recovery Plan, indicates that even greater use of Account Freezing / Forfeiture Orders ('AFOs') is on...
||
continue reading
Data Sharing
+
UK/US data sharing and the impact on financial crime
Speed read: On 3 October 2019 the UK and US signed a new data sharing agreement. So far, its benefits to the fight against terrorism and child exploitation have been in the spotlight. The agreement, however, casts the net widely...
||
continue reading
the weed in the garden of CBD & cannabis investment
+
Proceeds of crime — the weed in the garden of CBD & cannabis investment
Speed read: Cannabis-related investment is on the rise. The market for CBD, a compound extracted from the cannabis plant, in the UK is forecast to be worth £16.5 billion over the next decade. CBD is not a controlled drug in...
||
continue reading
Law Commission Report
+
Imperfect but here to stay — The SARs regime after the Law Commission Report
Speed read: The Law Commission’s Report on the SARs regime recommends tweaks rather than any substantive change. Two recommendations at least hold some practical potential. The call for statutory guidance presents an opportunity to shed light on the contours of...
||
continue reading
UK_AM_Law_After_Exit_Day
+
What’s the deal? UK AML law after exit day
Speed read: Anita Clifford examines the changes to the UK AML regime to come into effect after the UK departs from the EU. The uncertainty surrounding the UK’s departure from the EU has meant myriad contingency plans have been developed...
||
continue reading
NCA National Crime Agency
+
Stopping the side hustle: UK freezes foreign student accounts — harder than first thought?
Speed read: Anita Clifford explores the recent targeting of foreign student bank accounts for freezing pursuant to Part 5 of the Proceeds of Crime Act 2002. 95 accounts, totalling an estimated £3.6 million, were frozen in a single day on...
||
continue reading