As part of the numerous reforms introduced by the Criminal Finance Act (CFA) 2017, there were two new offences created; failure to prevent facilitation of domestic tax evasion and failure to prevent foreign tax evasion. The following article, by POCA and Financial Crime specialist Barnaby Hone, discusses these new offences which were introduced primarily to target the facilitators and enablers of tax evasion.
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.
Barnaby is hosting a Criminal Finance Act update seminar at Drystone Chambers on Tuesday 25th September 2018, starting at 6pm. He will discuss where the headline changes in the way we are regulated occur, how the various provisions of the Criminal Finance Act 2017 have been used, provide some hints on tips on how to deal with cases where these provisions are used, and finally will discuss how he expects the provisions to be developed. Places are limited, so pre-registration is required. To register your interest and reserve a place, email our Marketing Director Brett Carver (firstname.lastname@example.org).