Recent reform of anti-money laundering law in the US has implications for the UK. Foreign bank account subpoenas and cross-border SAR sharing is permitted.
On 4 February Anita Clifford, Barrister and Principal Associate, was published in Insurance Day commenting on the post-Brexit UK sanctions regime and likelihood of more assertive enforcement action.
Barrister and Principal Associate Anita Clifford commented on how furlough fraud can be committed and what companies can do to avoid enforcement action on BBC Radio 5 Live ‘Wake up to Money’ on 13 January 2020.
Speed read: The wrongful trading suspension ended on 30 September 2020 and it is important that company directors keep in mind the offence in section 214 of the Insolvency Act 1986.
Speed read: Anita Clifford considers the recent case of Faerman v SFO [2020] EWHC 1849 (Admin) which reinforced the jurisdictional limits of disclosure orders and need for careful scrutiny of orders made.
In the first webinar of the series Anita Clifford discusses the impact of the COVID-19 crisis on money laundering compliance, paying particular attention to the practical challenges to performing customer due diligence and the outer remit of the regulations in...
Speedread: Anita Clifford considers the implications for anti-money laundering and Customer Due Diligence following the shift towards virtual client relationships in response to the global health emergency.
Speedread: Recent events suggest that management consultants are vulnerable to interacting with criminal property, thereby triggering a money laundering exposure under UK criminal law.