At a Glance Guide to the UK Criminal Finances Act

At a Glance Guide to the UK Criminal Finances Act

Since 30 September 2017, two new criminal offences relevant to the offshore world have been in force under the UK Criminal Finances Act: failure to prevent the facilitation of UK tax evasion; and failure to prevent the facilitation of foreign tax evasion.

Partner Nick Williams, co-head of Ogier's Regulatory Group, has written an at-a-glance guide to the legislation, covering five things that you need to know, and five things that you need to do.