Reform of proceeds of crime laws by Law Commission urgently needed
The UK's confiscation laws are failing victims because there is no coherent overall strategy, enforceable through statute and measurable against good performance data. Agencies that investigate financial crimes do not always obtain restraint orders or freeze assets at the outset of a matter, with the result that by the time the investigation is complete the benefits of the crime have been dissipated or put out of reach.
The Law Commission must not miss this opportunity to reform the proceeds of crime and confiscation laws. If positive steps are not put in place now, the costs incurred by the Home Affairs Committee in its recent review of the effectiveness of the law in this area will be wasted while the amount lost to fraud will only grow
..........https://goo.gl/cLwF4g