On 1 April 2025, the UK government confirmed that the Foreign Influence Registration Scheme (FIRS) — which was established under the National Security Act 2023 — will come into force from 1 July 2025. The UK government has...more
Key Points -
If the Crime and Policing Bill (CPB) is enacted in current form, it will make it significantly easier for companies to be held liable for criminal offences committed by their senior managers. Coupled with the...more
On 12 September 2024, the UK government published The Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (Regulations) which, among other things, set out the powers of the new Office of Trade...more
9/25/2024
/ Economic Sanctions ,
Enforcement Actions ,
Financial Regulatory Reform ,
International Trade ,
New Legislation ,
New Regulations ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Sanctions ,
Trade Policy ,
UK
Below is a summary of recent developments and enforcement trends in the UK white collar crime space in the first quarter of 2024.
I. New Legislation -
The Economic Crime and Corporate Transparency Act 2023 (ECCTA)...more
On 22 September 2022, the U.K. government introduced the Economic Crime and Corporate Transparency Act 2022. The new bill is currently navigating its way through the U.K. Parliament and is likely to receive royal assent in...more
12/9/2022
/ Cryptoassets ,
Cryptocurrency ,
Economic Sanctions ,
Enforcement Actions ,
Financial Crimes ,
Financial Fraud ,
Foreign Entities ,
Investigations ,
Money Laundering ,
New Legislation ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Suspicious Activity Reports (SARs) ,
UK