5 Minute Briefing – UK Economic Crime (Transparency and Enforcement) Act

The new UK Economic Crime (Transparency and Enforcement) Act 2022 was pushed through in March at an unprecedented pace, with the situation in Ukraine adding extra focus. From updates to Unexplained Wealth Orders (UWOs), changes to sanctions, Companies House reform and the introduction of a register of overseas entities – learn all the changes brought in with this Act and the changes compliance teams need to make.