BLL Bulletin

Economic Crime Plan money note
+
The Government’s Economic Crime Plan 2019–22
Speed read: Jonathan Fisher QC examines the Government’s recent Economic Crime Plan and its reliance on the private sector for investigating and enforcing financial crime. The implications of increased information sharing between the private and public sectors require careful consideration....
||
continue reading
the weed in the garden of CBD & cannabis investment
+
Proceeds of crime — the weed in the garden of CBD & cannabis investment
Speed read: Cannabis-related investment is on the rise. The market for CBD, a compound extracted from the cannabis plant, in the UK is forecast to be worth £16.5 billion over the next decade. CBD is not a controlled drug in...
||
continue reading
Looking up at tall buildings london
+
Bringing responsibility home — what next for parent company liability?
Speed read: The Supreme Court’s jurisdictional judgment in Lungowe v Vedanta holds that parent company liability is an unremarkable proposition in theory. Establishing it in practice, however, is a fact-specific exercise. The court rejected the companies’ multi-faceted challenges to the...
||
continue reading
Law Commission Report
+
Imperfect but here to stay — The SARs regime after the Law Commission Report
Speed read: The Law Commission’s Report on the SARs regime recommends tweaks rather than any substantive change. Two recommendations at least hold some practical potential. The call for statutory guidance presents an opportunity to shed light on the contours of...
||
continue reading
Dubai
+
You can run, but you can’t hide: HMRC takes the fight overseas
In R (oao Jimenez) v HMRC [2019] EWCA Civ 51, the Court of Appeal held that HMRC can issue a taxpayer notice to a UK national resident in Dubai. In doing so, it has added to the revenue’s armoury in the battle...
||
continue reading
unexplained wealth orders property
+
Unexplained wealth orders or an illicit enrichment offence?
Speed read: The introduction of unexplained wealth orders into the UK’s civil recovery toolkit followed a wider debate about the human rights implications of asset recovery. This article compares the effect of the UK’s decision to the alternative option, the...
||
continue reading
Civil Cases in Criminal Courts
+
Civil cases in criminal courts
Speed read: Jonathan Fisher QC discusses the convergence of civil and criminal procedure in cash forfeiture appeals. The powers are civil in nature but the requirement of underlying criminal conduct and use of the Crown Court, with inadequate procedural rules,...
||
continue reading
Tax_Evasion_HMRC
+
Corporate facilitation of tax evasion — not yet a damp squib
Speed read: Although there have not been any prosecutions to date, the introduction of the corporate facilitation offences is not a damp squib. The offences are sufficiently wide to embrace evasion of duties as well as income and corporation tax,...
||
continue reading
UK_AM_Law_After_Exit_Day
+
What’s the deal? UK AML law after exit day
Speed read: Anita Clifford examines the changes to the UK AML regime to come into effect after the UK departs from the EU. The uncertainty surrounding the UK’s departure from the EU has meant myriad contingency plans have been developed...
||
continue reading
Hand-holding-cash
+
Do not be beguiled by the soothing tones of the UK’s FATF Mutual Evaluation report
Speed read: Jonathan Fisher QC reflects on the new FATF report on the UK’s anti-money laundering infrastructure. There is a contrast between its praise of the UK and the reality of money laundering as a continuing threat to high-risk businesses....
||
continue reading