Anita Clifford

Speed read: Amendments to the Money Laundering Regulations 2017, introduced by the Money Laundering Regulations 2019, entered into force on 10 January 2020.

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...

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...

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...

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...

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...

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...

Speed read: EU officials took the unprecedented step on Thursday of directly ordering a member state’s financial regulator to improve its supervision of banks for anti-money laundering purposes. The European Commission, the executive arm of the European Union, told Malta’s...

Speed read: Anita Clifford considers the first test of the UWO provisions in the United Kingdom. On 3 October 2018, the High Court handed down judgment in NCA v Mrs A [2018] EWHC 2534 (Admin), the first application to set...