Dan Hudson featured in Law 360
31 July 2024
Dan Hudson, partner and head of Seladore Legal’s white collar and regulatory disputes practice, recently commented in Law360 on the settlement reached by the National Crime Agency to secure the forfeiture of assets worth £768,000. The settlement is notable in being the first time that a UK law enforcement agency has seized assets connected to alleged breaches of UK asset freezing sanctions.
Commenting on the settlement, Dan Hudson said:
“These proceedings highlight how the NCA is prepared to use new, pragmatic means to seize funds suspected of being connected to designated persons, without actually having to prove any sanctions breach or intention to use the funds for unlawful purposes.”
To read Law 360’s full analysis, please click here.
