Prosecuting “Illicit Enrichment”: a new offence for the UK?
This article by James Maton and Jamie Humphreys was first published on the blog of the All-Party Parliamentary Group on Anti-Corruption. There are many policy developments that would help improve asset recovery efforts in the UK (see Transparency International’s publication Closing down the Safe Havens). However, if we were to […]
What do I need to know about POCA?
If you’re a company officer or director and need a quick reminder on your responsibilities under the UK’s Proceeds of Crime Act and the anti-money laundering regime, take a look at our one page tipsheet. We cover the following areas: an overview of the Act the definition of “proceeds of crime” confisction and forfeiture […]
What do I need to know about the UK Bribery Act?
If you’re a company officer or director and need a quick reminder on your responsibilities under the UK Bribery Act, take a look at our one page tipsheet. We cover the following areas the offences; the corporate offence of failing to prevent bribery; the defence of adequate procedures; the global reach of the […]
Recovering the proceeds of corruption: an overview
Victim states seeking to recover the proceeds of corruption, or compensation for corrupt acts, may have a choice of mechanisms to do so: criminal, civil and non-conviction forfeiture. Each mechanism has advantages and disadvantages, and the “right” route for a particular case depends on the circumstances. Flexibility is key, and any substantial […]
Welcome to the Cooley blog on asset recovery
Welcome to our blog. Cooley has a proven team representing states and companies seeking to trace, freeze and recover the proceeds of corruption or fraud, or obtain compensation for corrupt or fraudulent acts. We assist states to: Recover stolen public funds, bribes and compensation for corruption from dishonest public officials, their companies, trusts, […]