Following and tracing allows property involuntarily taken from the original owner by reason of theft, breach of trust or mistake, to be identified, located, and followed by a proprietary remedy. The rules behind tracing at common law and equity are fairly complicated and they require careful attention into the intricacies of their process before a claimant enters into legal proceedings for an equitable remedy.

Property held by foreign companies is now subject to registration requirements with a fast-approaching deadline. Penalties include imprisonment and fines of up to £2,500 PER DAY.