{"id":17296,"date":"2022-02-01T13:07:10","date_gmt":"2022-02-01T13:07:10","guid":{"rendered":"https:\/\/crigroup.com\/?p=17296"},"modified":"2024-01-22T12:44:06","modified_gmt":"2024-01-22T12:44:06","slug":"economic-crime-transparency-and-enforcement-bill","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/economic-crime-transparency-and-enforcement-bill\/","title":{"rendered":"New Legislation to Tackle Global Economic Crime"},"content":{"rendered":"
The Economic Crime (Transparency and Enforcement) Bill has been introduced in Parliament this week for its first reading.<\/a>\u00a0Following the commitments announced by the Prime Minister, Boris Johnson, last week (21 February 2022), the government has brought forward the new legislation to tackle economic crime following Russia’s invasion of Ukraine. Legislation to crack down on dirty money in the UK and corrupt elites was introduced in Parliament on 1 March 2022, and the new Policy paper is out already. The\u00a0new legislation<\/a>\u00a0will help the National Crime Agency prevent foreign owners from laundering their money in UK property and ensure more corrupt oligarchs can be handed an Unexplained Wealth Order (UWO).<\/span><\/p>\r\n