The Economic Crime (Transparency and Enforcement) Act 2022, fast tracked by the Government in response to Russia's invasion of Ukraine to make locating assets owned by overseas companies more easily traceable, has potentially serious risk implications for professional advisers.
In this article Slava Kiryushin and Joshua Coleman-Pecha report on instruction handed down by the Iraqi Ministry of Oil and Supreme Advisory Committee following the landmark Iraqi Federal Supreme Court Decision No. 59/2012.