By Maya Lester QC & Michael O’Kane

Canada adopts powers to forfeit & redistribute sanctioned assets

Canada has adopted powers to forfeit and redistribute a sanctioned person / entity’s Canadian assets through its budget implantation bill (Bill C-19), which received Royal Assent on 23 June 2022 (see previous post). Amendments to the Special Economic Measures Act (SEMA) and the Justice for Victims of Corrupt Foreign Officials Act (Magnitsky Law) provide for forfeiture orders against property seized …

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About Maya Lester QC

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Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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