This portal provides busy practitioners with short commentaries on significant developments in the field of bribery and corruption, fraud, money laundering and proceeds of crime. The commentaries are franked by their topicality and practical insight, with an emphasis on implications not always visible at first glance.
- Why the NCA must be pleased with the Javadova caseThe new summary account forfeiture provisions introduced by the Criminal Finances Act 2017 have yielded...Continue Reading
- Dirty money can be green: linking environmental crime and money launderingThe proceeds of environmental crime are laundered far more than most realise. This is the...Continue Reading
- Taxpayer Notices — not a fishing expeditionPerring v Commissioners for HM Revenue and Customs [2021] UKFTT 110 concisely illustrates the parameters...Continue Reading
- NCA v Aziz & Ors: Foreign recovery proceedings and prohibition Orders under POCAThe National Crime Agency has recently played the supporting role in US efforts to forfeit...Continue Reading
- Online marketplaces to man the frontline against VAT fraudThe fight against online VAT fraud has come into sharper focus during the pandemic, as...Continue Reading
- UK commits to global corruption sanctions regime this yearThe UK government has committed to introducing a global corruptions sanctions framework later this year....Continue Reading
- Financial Institution Notices: What do they mean for banks and building societies?On 3 March 2021, HMRC confirmed that it will be expanding its civil information powers...Continue Reading
- A UK Eye on US AML ReformRecent reform of anti-money laundering law in the US has implications for the UK. Foreign...Continue Reading
- Benefitting from Criminal ConductSpeed read: Jonathan Fisher QC considers the Law Commission’s Part 2 POCA reform proposal and...Continue Reading
- Financial Sanctions, Criminal Liability and POCA 2002Circumvention offences establish criminal liability for breaches of financial sanctions. The potential engagement of the...Continue Reading
- Restoring confidence in the pre-pack?Rachel Clark considers whether draft new regulations requiring scrutiny of pre-pack sales to connected parties...Continue Reading
- Wrongful trading — a civil contravention with a money laundering implication?Speed read: The wrongful trading suspension ended on 30 September 2020 and it is important...Continue Reading
- Cryptoasset service providers should plan, not panicSpeed read: The recent Financial Conduct Authority (FCA) ban on crypto-derivatives trading to retail consumers...Continue Reading
- The impact of a person’s OFAC designation in the UKSpeed read: Anita Clifford considers the scope for enforcement of OFAC designation against UK persons.Continue Reading
- Tax reporting under DAC 6 – will it make a difference?Speed read: As the UK reporting deadlines fast approach, Rachel Clark examines the new obligations...Continue Reading
- To train, and to train well – that is the questionSpeed read: Training is a requirement under the UK Money Laundering Regulations but the wording...Continue Reading
- Furlough Fraud and Professional AdvisersSpeed read: Fraud on employee support schemes is a focus for enforcement authorities in the...Continue Reading
- One-size does not fit all: regulatory cases and criminal benefitSpeed read: The recent case of R v Roth [2020] EWCA Crim 967 confirmed that...Continue Reading
- Developments in POCA disclosure ordersSpeed read: Anita Clifford considers the recent case of Faerman v SFO [2020] EWHC 1849...Continue Reading
- New law on shaky ground: the test for dishonesty in criminal lawSpeed read: The Court of Appeal affirming the Ivey test as the new standard for...Continue Reading
