Authorised Push Payment (“APP”) fraud, where victims are tricked into authorising payments to fraudsters, resulted in losses of £485.2m in 2022 and is reported to have risen by 22% in 2023.
With consumer protection laws...more
1/23/2024
/ Asset Tracing ,
Banking Sector ,
Banks ,
British Virgin Islands ,
Business Litigation ,
BVI Business Companies ,
Consumer Protection Laws ,
Corporate Governance ,
Corporate Restructuring ,
Dispute Resolution ,
Duty of Care ,
Electronic Payment Transactions ,
Financial Institutions ,
Financial Services Industry ,
Fraud ,
Insolvency ,
Misappropriation ,
UK
Charles Goldblatt, litigation associate at Conyers in the British Virgin Islands, takes a close look at how local judges are addressing sanctions against Russian entities.
Since Russia's military incursion in Ukraine...more
5/11/2023
/ British Virgin Islands ,
Economic Sanctions ,
Entity List ,
EU ,
General Licenses ,
Legal Fees ,
Legislative Agendas ,
Office of Financial Sanctions Implementation (OFSI) ,
Regulatory Agenda ,
Russia ,
Sanctions and Anti-Money Laundering Act 2018 (SAMLA) ,
UK ,
Ukraine
Since Russia’s military incursion in Ukraine began on 24 February 2022, the UK has introduced an extensive package of economic sanctions against Russia. By the end of August 2022, over 1,270 persons had been designated and by...more