An Insight into the Economic Crime (Transparency and Enforcement) Act 2022

SEMINAR

25 Bedford Row, in collaboration with international legal and professional services firm, Ince, recently held a not-to-be-missed discussion by our distinguished panel about this important new legislation.

Devised and moderated by: Simon Pentol QC, 25 Bedford Row, Counsel

Panel:

• Colette Kelly, Ince, Partner, Criminal and Regulatory Solicitor
• Nicola Howard QC, 25 Bedford Row, Counsel
• Matthew Biles, Ince, Partner, Head of Department, Private Client & Tax
• Duncan Jones, 25 Bedford Row, Counsel

Rushed into law in the immediacy of the Russian invasion of Ukraine, what is the Economic Crime (Transparency and Enforcement) Act 2022 all about?

• What’s new?
• How have the existing powers of the CFA 2017 and SAMLA 2018 been amended?
• What does this all mean for you and your clients?
• Do the changes go far enough?
• Are the changes a force for good?
• What further legislative changes can we expect in the future and will this finally trigger the introduction of a wider “failure to prevent economic crime” offence?

In tackling these questions, the panel focussed on the three component parts of the Act concerning the Register of Overseas Entities, UWOs and Sanctions together with the attendant overhaul of the Companies House register as set out in the government’s recently published White Paper. 

Resources

A recording of this webinar can be viewed here.