Do UK companies have a duty to prevent, or report, forced labour or human trafficking? The answer, for now, is ‘not quite’ – but duties in this area are strengthening in practice, thanks to laws on modern slavery and money laundering.
BCL partner John Binns’s article ‘Failure and Fault: What NatWest’s £400m fine tells us about corporate liability for money laundering’ has been published by Reports Legal.
Belarus’ recent actions demonstrate how not to seek an arrest, as well as how to invite international sanctions, as John Binns and Suzanne Gallagher explain.
BCL partner John Binns’ article ‘Blaming company formation agents misses the bigger picture about AML in the UK’ has been published by GRC World Forums.
BCL partner John Binn’s article ‘Money Laundering: Who Bears the Burden?’ has been published by Solicitors Journal discussing the governments claims that regulated firms should pay to help improve its efforts to tackle money laundering.
BCL partner John Binns has been featured in the latest issue of Lawyer Monthly, discussing the latest legal trends in money laundering and financial crime.