We asked our global white collar crime team for their views on the key challenges in 2024 for in‑house investigations teams and white collar crime lawyers, and how to manage the associated risks. Here is what they said....more
1/26/2024
/ Analytics ,
Anti-Corruption ,
Attorney-Client Privilege ,
Causation ,
China ,
Compliance ,
Confidential Documents ,
Data Collection ,
Department of Justice (DOJ) ,
Due Diligence ,
EU ,
Financial Crimes ,
Fraud ,
Internal Investigations ,
Investigations ,
Modern Slavery Act ,
Money Laundering ,
Net Zero ,
New Legislation ,
New Rules ,
NGOs ,
Policies and Procedures ,
Popular ,
Proposed Legislation ,
Retaliation ,
Sustainability ,
UK ,
Whistleblowers ,
White Collar Crimes
As part of the Economic Crime and Corporate Transparency Act 2023, there are two new 'pay-away' exceptions to the need for a firm in the regulated sector to file a Defence against Money Laundering -
Previously a firm in...more
10/27/2023
/ Anti-Money Laundering ,
Corporate Crimes ,
Corporate Governance ,
Corporate Transparency Act ,
Enforcement ,
Financial Crimes ,
Financial Regulatory Reform ,
Financial Services Authority ,
Financial Services Industry ,
Money Laundering ,
Regulatory Requirements ,
UK
2022 saw a big shift in the geo-political climate and a bedding in of the new hybrid working world. These two developments are reflected in the blogs our subscribers were most interested in reading. Readers remain focused on...more
1/10/2023
/ Economic Sanctions ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Money Laundering ,
Pending Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Violations ,
Russia ,
Senior Management Regime (SMR) ,
SMCR ,
UK ,
Ukraine
As part of its crackdown on dirty money, the UK Government has published a second Economic Crime and Corporate Transparency Bill. The 250 page Bill covers a wide range of proposed reforms. This post focusses on the proposed...more
The UK Government issued new guidance in July 2021 on how it considers companies and individuals should approach the question of disclosure of suspicious activity reports (SARs) in English civil litigation. The guidance...more
The UK Law Commission is considering whether corporate criminal liability law should be reformed and two weeks ago MPs proposed a new economic crime corporate offence to be included in the Financial Services Bill. What is the...more
Lonsdale v National Westminster Bank [2018] EWHC 1843 (QB) (18 July 2018) -
A bank was ordered to disclose, to a customer, suspicious activity reports (SARs) that the bank had sent to the National Crime Agency (NCA) at the...more
Lonsdale v National Westminster Bank [2018] EWHC 1843 (QB) (18 July 2018) -
A bank was ordered to disclose, to a customer, suspicious activity reports (SARs) that the bank had sent to the National Crime Agency (NCA) at the...more
The law and practice relating to financial crime and investigations is evolving fast. In the past 18 months we have seen two new Acts aimed at combatting financial crime (including the creation of two new corporate criminal...more
The law and practice relating to financial crime and investigations is evolving fast. In the past 18 months we have seen two new Acts aimed at combatting financial crime (including the creation of two new corporate criminal...more