Confiscation of Unexplained Wealth: A Wolf in Sheep’s Clothing?
In their article for Chambers Expert Focus / Compliance and Investigations, July 2024, Ilias Anagnostopoulos and Alexandros Tsagkalidis provide insights into the newly adopted EU Directive 2024/1260 on asset recovery and confiscation, focusing on the introduction of confiscation of unexplained wealth. They raise concerns that...