Last month, the SFO published its Annual Report for the year ended 31 March 2019 (the Annual Report), the first since Lisa Osofsky began her tenure as Director in August 2018. The Annual Report was swiftly followed by the...more
The government has unveiled an ambitious series of reforms to Companies House in what it describes as “the largest change to our system of setting up and operating companies since the register was created in 1844.” These...more
Corruption Watch UK has claimed that “a company committing economic crime in the US is far more likely to be hit with criminal, civil and regulatory penalties than one in the UK.” In a hard-hitting report published on 5 March...more
4/4/2019
/ Civil Monetary Penalty ,
Corporate Crimes ,
Corporate Liability ,
Corruption ,
Criminal Prosecution ,
Deferred Prosecution Agreements ,
Financial Crimes ,
Forex ,
Information Reports ,
Libor ,
Money Laundering ,
Outsourcing ,
SMCR ,
Statutory Penalties ,
UK ,
UK Bribery Act ,
UK Criminal Finances Act 2017
The Financial Action Task Force (FATF) has awarded the UK its highest ranking globally for anti-money laundering (AML) and counter-terrorist financing (CTF) measures. In a report published in December 2018, FATF praised the...more
“My message to facilitators is this: we’ve had a lot of focus on banks; now my investigators are going to be focusing on you.” This was the warning delivered by the Minister for State and Security to the so-called...more