The House of Commons Treasury Committee recently published their Eleventh Report of Session 2021–22 (the “Report”). In addition to identifying key gaps in the Government’s response to economic crime, the Report makes a number...more
As the COVID-19 pandemic evolves so, too, does the threat of economic crime. Recent reports into fraud since the start of the pandemic highlight the extent of this threat but also confirm that the banking and finance industry...more
4/22/2021
/ Coronavirus/COVID-19 ,
Corporate Crimes ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Reporting ,
Financial Services Industry ,
Fraud ,
Insider Trading ,
Market Manipulation ,
Remote Working ,
Risk Assessment ,
Risk Management ,
UK
“It has no soul to be damned and no body to be kicked”. How, then, can a company be held criminally liable? Various jurisdictions have grappled with this question and recent developments in the UK have increased the...more
11/20/2020
/ Barclays ,
Corporate Counsel ,
Corporate Crimes ,
Corporate Executives ,
Corporate Liability ,
Corporate Officers ,
English Common Law ,
Fraud ,
UK ,
UK Bribery Act ,
UK Corporate Criminal Offense ,
Vicarious Liability
On 8 October 2020, Lisa Osofsky spoke to the Royal United Services Institute about future challenges in tackling the world of economic crime. Most eye-catching was her ‘wish list for the SFO’, which outlined three desired...more
In R v Barton & Booth, a five member Court of Criminal Appeal: 1) emphatically endorsed the Ivey test for dishonesty, firmly dismissing the previous two-stage test in Ghosh; 2) affirmed that, in relation to conspiracy to...more