The UK Government is expanding the scope of the Serious Fraud Office’s (SFO) power to compel individuals and companies to provide information before a formal SFO investigation is commenced. Currently the power can only be...more
A recent English court ruling has shed light on the approach of UK enforcement authorities to the question of money laundering risks where there is potential forced labour / modern slavery in a supply chain. The ruling will...more
2/22/2023
/ Due Diligence ,
Forced Labor ,
Human Rights ,
Human Trafficking ,
International Criminal Court ,
Modern Slavery Act ,
Money Laundering ,
National Crime Agency (NCA) ,
NGOs ,
Proceeds of Crime Act 2002 (POCA) ,
Supply Chain ,
UK ,
Uyghur Forced Labor Prevention Act (UFLPA)
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