abbr., law |
Account Forfeiture Order (What is an AFO? If having undertaken an investigation the relevant enforcement agency is satisfied that the funds are the proceeds of crime, they will serve (giving at least 30 days' notice) an account forfeiture notice. During this period, you may raise any objections that this order should be set aside.: Unexplained wealth orders ("UWOs") initially grabbed the media's attention, but the relative ease with which UK law enforcement can seek and obtain an account freezing order ("AFrO") or an account forfeiture order ("AFO") means that they are used more often than UWOs in practice 'More) |