John Binns analyses post-Brexit Anti-Money Laundering Law
BCL partner, John Binns considers the potential impact of Brexit on the UK’s anti-money laundering laws, originally published by LexisNexis.
Financial Crime
Richard Reichman comments on SFO Corporate Co-operation Guide for Compliance Week
BCL partner, Richard Reichman discusses the newly released SFO Corporate Co-operation Guidance with Compliance Week.
The new code for private prosecutors – John Binns writes for LexisNexis
BCL partner, John Binns writes for Lexis Nexis considering the new Code for Private Prosecutors, issued by the Private Prosecutors’ Association (PPA) and the effect it will have on those
bringing and defending private prosecutions.
Richard Reichman writes for Euronews ‘Self-reporting of corporate wrongdoing should be further encouraged’
BCL partner, Richard Reichman writes for Euronews discussing the complex decision of whether or not to self-report corporate wrongdoing.
Confiscation Revisited: What to Do When the Prosecutor Comes Back for More
One of the lesser known, often poorly understood provisions of the confiscation regime under the Proceeds of Crime Act 2002 (POCA) is section 22, which provides an opportunity to the prosecutor to invite a ‘reconsideration of the available amount’. For many defendants who have been through the process, had an order made and in many cases satisfied that order in full, the first they have heard of that section is the letter informing them that such an application is to be made.
Post-Conviction Advice: How to Get Help with Appeals and Confiscation
The shock of a criminal conviction, and/or a harsher than expected sentence, can make it hard to think clearly about the options for what to do next. Where a trial and mitigation has been carefully and properly prepared, the advisers who have helped throughout the case will usually be the best placed to say whether there are grounds for an appeal. In some cases the defendants and their family members will want to take a second opinion, but this is never cheap or easy, and time is always of the essence.
The “Troika Laundromat Fraud”: Exposing the weaknesses in UK’s Anti-Money Laundering regime
The so-called “Troika Laundromat” fraud, uncovered after one of the largest banking information leaks ever, highlights the ever-growing importance for those within the regulated sector to implement robust customer due diligence (“CDD”) policies which are tailored to the specific money laundering risks posed by their customers.
Harry Travers talks to GIR on SFO’s Undertakings Policy
BCL Partner, Harry Travers has been Quoted in a GIR (Global Investigations Review) article titled ‘UK SFO reviews “confrontational” undertakings policy’.
Money Laundering and the Regulations: When to Report ‘Suspicious Activity’
The last decade or so has seen the job of detecting financial crime in the UK increasingly outsourced to businesses and professionals in the private sector.
