Speed read: Phoenixism (liquidating a company only for the same business to re-emerge from the ashes as a fresh entity) is likely to be touted as a ‘quick fix’ to many corporates suffering financial hardship due to Covid-19.
Speed read: The proposal to impose a mandatory duty to report fraud on financial institutions seems like a useful additional data source for law enforcement, but the measure mirrors the pre-existing duty to report money laundering closely.
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: This briefing considers the international perspective on cryptoassets and external application of Proceeds of Crime Act 2002, after the ruling in AA v Persons Unknown  EWHC 3556 (Comm).
Speedread: The recent High Court decision in AA v Persons Unknown  EWHC 3556 (Comm) provided an affirmative answer to the long-standing question of whether cryptoassets were property under English law.