Home / Corporate Crime

Legal News

FCA obtains restraint order as part of its investigation into WealthTek Limited Liability Partnership

Copyright © 2025 LexisNexis
Published on: 15 November 2023
Published by LNB News

LNB News 15/11/2023

Document Information

Issue Date: 15 November 2023

Published Date: 15 November 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has issued a statement on its regulatory and criminal investigation into WealthTek Limited Liability Partnership, announcing that on 8 November 2023 it sought and obtained a restraint order under the Proceeds of Crime Act 2002. The order ‘replaces’ the worldwide freezing order previously in place.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

4 News
View More
6 Practice notes
View More
2 Q&As
Powered by Lexis+®

Related documents:

4 News
View More
6 Practice notes
View More
2 Q&As

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an