In 2016, the government announced that hundreds of UK properties, suspected of belonging to corrupt individuals, would be seized by enforcement agencies under a tough new tool : Unexplained Wealth Orders (UWOs). The orders were designed to tackle London’s reputation as a haven for dirty money, shinning a light on anonymous ultimate beneficial owners, and expectations were high. However, despite a promising start, UWOs have since been used cautiously, only deployed against four targets. Read more