This definitive work covers the expanding law and practice of Asset Recovery in the domestic, European, and international spheres. It is designed for judges, legal practitioners, financial investigators and other professionals involved in investigations and legal proceedings for the recovery of the proceeds of crime, including terrorism. Smith and Owen on Asset Recovery offers comprehensive coverage of the key areas of asset recovery pursued by law enforcement agencies: criminal confiscation in the criminal courts; and civil recovery in the civil courts. It also covers taxation of the proceeds of crime by administrative proceedings. The team of expert authors provide practical details on investigatory powers; compensation, restitution and forfeiture procedures and orders in the criminal courts; money laundering and terrorist financing offences and regulation; and on financial sanctions. This book was previously published in a looseleaf format and is now edited into a hardback format with updated content that covers all recent developments in the recovery of the proceeds of crime, and, since Asset Recovery law itself is a complex blend of civil and criminal law, includes discussion of relevant developments in other areas of law such as property, trust, and insolvency law. Practitioners will welcome the increased procedural guidance and accessibility offered by the new book format.