...Peter A. Sproat Purpose The purpose of this paper is to identify the extent to which the “new policing of assets” has produced new assets for policing in the UK. Design/methodology/approach This is achieved by producing an estimate of both the financial benefits and costs to the public purse...

... There is an enormous potential for reputational risk which can bear significant consequences for the unwary financial advisor. Money launderers can hide their assets applying methods similar to those used to evade or avoid taxes. Originality/value Thousands and thousands of pages documenting tax evasion...

...Anthony Kennedy Purpose The purpose of this paper is to explore how effective the four mechanisms of UK criminal asset recovery are – confiscation, cash forfeiture, civil recovery and taxation – and whether they, or their application, might be enhanced. Design/methodology/approach The paper...

...Anthony Smellie Argues that confiscation of criminals’ assets is an effective and justifiable way of depriving them of the proceeds of crimes such as drug trafficking. Describes the challenges facing confiscation and the reasons why there has so far been only modest success in this. Refers to legal...

...Daniel P. Murphy Discusses the sharing of assets confiscated from money launderers by the nations that cooperate against the laundering practice, with special reference to Canada’s approach. Examines what the Financial Action Task Force and international conventions say on this subject. Reviews...

... remarks on this subject that can be found in Hansard also bear out the view that the underlying purpose of these provisions is to reduce the incidence of terrorism by preventing terrorists from using forfeited assets as a means of ®nancing ter- rorist activity Ð ie to the extent that MPs considered...