The Serious Fraud Office ("SFO") is in a robust, and collaborative, mood. Three months after jointly announcing the formation of a new International Anti-Corruption Prosecutorial Taskforce (the "Taskforce"), the UK's premier...more
More than a decade ago, the concept of the Deferred Prosecution Agreement (DPA) became part of UK law. Ever since, there has been considerable uncertainty as to exactly what conditions a company needs to meet in order to be...more
A new anti-bribery and corruption alliance among enforcement authorities in the UK, France and Switzerland sends a clear message to corporates that any pause in enforcement of the US FCPA does not mean that acts of bribery by...more
The UK Supreme Court has handed down its decision in El-Khouri (Appellant) v Government of the United States of America (Respondent).
Amongst other things, the judgement has overturned the often-criticised Court of Appeal...more
The UK's capital markets are a vital economic driver, and also a significant source of money laundering risk. This is a difficult area of risk for regulators and law enforcement to understand and tackle, but progress is being...more
1/29/2025
/ Anti-Money Laundering ,
Artificial Intelligence ,
Capital Markets ,
Compliance ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Services Industry ,
Money Laundering ,
Risk Management ,
Suspicious Activity Reports (SARs) ,
Technology Sector ,
UK
Previously, where a country needed assistance from law enforcement in another jurisdiction to investigate and prosecute criminal offences, it would have to go through the notoriously slow and often fruitless process of...more
When they were introduced in 2017, Unexplained Wealth Orders ("UWOs") were hailed as an important new law enforcement tool, which would allow more robust and effective investigation of the suspected proceeds of crime....more