Chambers & Partners have now published the 2020 edition of their High Net Worth (HNW) Guide and BCL has been top-ranked (Band 1) in Financial Crime: High Net Worth Individuals – UK, with six partners identified as leading individuals and ranked as follows:
What does the first list of ‘designated persons’ under the UK’s Magnitsky sanctions regime tell us about how they will be used? It is, perhaps deliberately, a mixed bag of targets, a set of 49 individuals and organisations from four different countries, associated with some of the UK’s highest-profile foreign policy issues. Most, but not all, of them also seem designed to fit the category of ‘gross violation of human rights’ in the enabling Act (the Sanctions and Anti-Money Laundering Act 2018 (SAMLA)) – very broadly, the torture by state officials of those who expose corruption or promote human rights. Indeed, 25 of the targets, a bare majority are said to be associated with the case of Magnitsky himself, who died in a Russian prison in 2009, after making allegations of corruption.
Global Human Rights Sanctions are here at last, tackling alleged criminals in Russia, Saudi Arabia and elsewhere. But should they be greeted with unreserved enthusiasm?
As the COVID-19 lockdown eases further from 4th July 2020 and subsequently, more businesses will be able to recommence operating, or operating closer to how they did pre-lockdown. As this adaptation takes place, employers will be keen to ensure the safety of their employees and members of the public and understand the risks if they fail to do so.
