Spain Grants Civil Powers to Confiscate & Freeze Assets Resulting from Crimes

The Spanish National Executive has introduced a civil procedure that will operate allowing authorities in Spain to seize and freeze any assets or property suspected to be gained from organised crimes or corruption. The legislation was approved as the Emergency Decree 62/2019.

 Formerly, powers were only given to the criminal courts however now the Spanish federal government only have to demonstrate an inclined suspicion that a potential money launderers property does not reasonably correlate with their income or show an 'unjustified increase' in their assets or estate. Going forward. before starting civil litigation, the government will have to attain a 'precautionary measure' from a criminal court.


Cyprus:
+357 25 02 50 34
Singapore:
+65 315 91 676
Russia:
+7 812 458 46 22
Skype:
eltoma.0015