The UK’s sanctions regimes remain dynamic as they continue to respond to geopolitical changes. In recent weeks, the UK has enhanced its Russia sanctions, despite the uncertain direction of the international sanctions on...more
5/7/2025
/ Anti-Corruption ,
Compliance ,
Criminal Prosecution ,
Economic Sanctions ,
Enforcement Actions ,
EU ,
Export Controls ,
HM Treasury ,
National Security ,
Office of Financial Sanctions Implementation (OFSI) ,
Risk Management ,
Russia ,
Syria ,
UK
On 20 March 2025, enforcement authorities in the UK, France and Switzerland announced the creation of the International Anti-Corruption Prosecutorial Taskforce. The taskforce is comprised of:
- The UK’s Serious Fraud...more
On 12 February 2025, the UK Supreme Court handed down its decision in El-Khouri v Government of the United States of America (El-Khouri), declining to extradite Joseph El-Khouri to the US. The ruling marks a pivotal moment in...more
3/3/2025
/ AML/CFT ,
Anti-Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Enforcement Actions ,
Extradition ,
Financial Conduct Authority (FCA) ,
Fraud ,
Money Laundering ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Litigation ,
UK ,
White Collar Crimes
The UK government introduced a major overhaul of its framework for addressing financial crime — and brought into force numerous significant changes — when the Economic Crime and Corporate Transparency Act 2023 (the Act)...more
9/12/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Corporate Crimes ,
Corporate Entities ,
Corporate Governance ,
Corporate Transparency Act ,
Enforcement Actions ,
EU ,
Failure to Prevent ,
Financial Crimes ,
Fraud ,
Strict Liability ,
UK ,
White Collar Crimes
On 26 October 2023, the Economic Crime and Corporate Transparency Act 2023 (the Act) became law in the UK. The Act represents a major overhaul of the UK government’s framework for tackling financial crime and has brought into...more
2/26/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Corporate Crimes ,
Corporate Governance ,
Corporate Transparency Act ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
EU ,
Financial Crimes ,
Investigations ,
Regulatory Agenda ,
UK ,
White Collar Crimes
The UK has long implemented sanctions imposed by the United Nations and, before Brexit, the European Union (EU). Since the UK’s departure from the EU, the UK government has sought to both preserve the policy objectives of...more
The Economic Crime (Transparency and Enforcement) Act 2022 (the Act) took effect in the UK on 15 March 2022. The Act was expedited through the UK Parliament following Russia’s invasion of Ukraine, but it has been on the...more