Selachii LLPSep 21
Government Proposals to Grab Assets — Implications
The Proceeds of Crime Act 2002 (POCA) was brought in to permit the confiscation of assets acquired by criminals through their criminal activity. The Act allows the authorities to seize assets, wherever they are held, that are the proceeds of crime.
POCA has not been as efficient as the Government had hoped, however, because it can be difficult to prove that the source of funds used to acquire assets was criminal activity.
