Nick Ephgrave QPM, the Director of the Serious Fraud Office (“SFO”), recently marked the end of his first year in office. Ephgrave has brought a renewed energy, sense of purpose and proactive approach to the SFO, opening six...more
10/9/2024
/ Bribery ,
Corporate Crimes ,
Criminal Investigations ,
Criminal Liability ,
Federal Funding ,
Financial Crimes ,
Serious Fraud Office (SFO) ,
UK ,
UK Bribery Act ,
Whistleblower Protection Policies ,
Whistleblowers
On 15 January 2024, legislation came into force that enhances the Serious Fraud Office’s (SFO) compulsory information-gathering powers and streamlines the investigative process whilst imposing fresh obligations on companies...more
On 20 July 2023, the UK Financial Conduct Authority (FCA) published its Annual Report and Accounts for the year ending March 2023 (the “Report”). The Report represents the first opportunity to assess progress made in the...more
The International Organization of Securities Commissions, or IOSCO, published a consultation report in May titled "Policy Recommendations for Crypto and Digital Asset Markets."
Originally published by Law360 - July 11,...more
7/12/2023
/ Consultation ,
Cross-Border Transactions ,
Cryptocurrency ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Fraud ,
Insider Trading ,
IOSCO ,
Market Manipulation ,
Money Laundering ,
New Rules ,
Policy Statement ,
Regulatory Oversight ,
Retail Investors ,
Risk Assessment ,
Risk Management
On 23 October, the Treasury Committee launched a further inquiry to review what progress has been made in combatting economic crime. While the inquiry is focused on the effectiveness of the existing anti-money laundering...more
The introduction of the Fifth Money Laundering Directive on the 10th January 2020 brought the art market into the fold of regulated sectors for anti-money laundering purposes. The new law, which amends the existing...more