On 23 June 2025, the EU Council approved a new set of conclusions on Syria, confirming the EU's support for the country's peaceful transition and its engagement with the transitional government to facilitate Syria's economic...more
The Office of Financial Sanction Implementation's ("OFSI") Annual Review for 2023-2024 provides valuable insights into how the UK's financial sanctions regime has continued to develop. We explore some of the key trends for...more
The long-awaited Economic Crime and Corporate Transparency Act received Royal Assent on 26 October. This represents a significant turning point for the law on corporate criminal liability in the UK, and has been welcomed by...more
11/10/2023
/ Corporate Counsel ,
Corporate Crimes ,
Corporate Entities ,
Corporate Governance ,
Corporate Transparency Act ,
Criminal Liability ,
Failure to Prevent ,
Financial Crimes ,
Fraud ,
Investigations ,
Regulatory Agenda ,
UK ,
UK Bribery Act ,
White Collar Crimes
In relation to Russia, the UK has introduced a new sanctions prohibition on the provision of legal advisory services, amended the process for the investigation of trade sanctions offences, and added the Kherson and...more
After several years of discussion and consultation, the UK Government now appears to be close to reforming the law on corporate criminal liability via the Economic Crime and Corporate Transparency Bill. These changes, if...more
The European Commission has published a proposed Directive which, building on measures already in place, would require member states to incorporate uniform anti-bribery measures into their laws. Whilst most EU member states...more
5/18/2023
/ Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Corporate Counsel ,
Corporate Governance ,
Corporate Liability ,
Corruption ,
EU ,
EU Directive ,
European Commission ,
Foreign Corrupt Practices Act (FCPA) ,
Member State ,
UK ,
UK Bribery Act
The UK has sanctioned 'financial fixers' for Russian oligarchs, extended the trust services prohibition to all persons subject to the asset freeze, and issued a General Licence permitting the restructuring or amendment of...more
Firms that act as financial gate-keepers have obligations to report suspicions or knowledge of money laundering via Suspicious Activity Reports to the National Crime Agency ("NCA"). SARs have been filed for almost 20 years...more
Earlier this summer, the Law Commission published its long awaited proposals on reforming corporate criminal liability in England and Wales (the "Options Paper"), following the launch of its discussion paper in June 2021....more
Earlier this summer, the Law Commission published its long awaited proposals on reforming corporate criminal liability in England and Wales (the "Options Paper"), following the launch of its discussion paper in June 2021....more
On 10 June, the Law Commission published its long awaited proposals on reforming corporate criminal liability in England and Wales (the "Options Paper"), following the launch of its discussion paper in June 2021. Whilst the...more