Barnaby Hone on Account Freezing Orders

8 March 2019

The NCA have recently applied in a coordinated movement for 95 Account Freezing Orders (AFO). This signals an increased use of these orders. As set out in the following article, it is of note that an application can be made for legal expenses (both incurred and expected) to be taken out of frozen assets. It was the intention of those drafting the legislation that this would be the way for these applications to be defended.

Barnaby Hone has been at the forefront of these cases. The attached article on Account Freezing and Forfeiture orders (AFFO) provides some guidance in this area, and has been quoted by the courts in a number of cases.

Barnaby has a range of experience in fraud, international asset recovery, financial crime and professional discipline law, particularly in healthcare and sports law matters. He has experience of all areas of the Proceeds of Crime Act both domestically and internationally. In addition to his busy practise, Barnaby writes the chapters on International Asset Recovery and Terrorism Finance for Millington and Sutherland Williams on POCA and recently completed a series of seminars and articles on changes to POCA under the Criminal Finance Act 2017. Barnaby is ranked in the Legal500 as a leading individual in POCA and Asset Recovery law.

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Click here to access the full article.