Firm acts for senior bank employee in relation to criminal and regulatory investigations conducted in the UK and Europe
Tuesday 10 November, 2015
Peters & Peters acted for an FCA approved person and director in the London Equity Finance Department of a major multi-national financial institution. The client’s employer was under investigation by the German Public Prosecutor and banking regulator, in addition to the UK FCA, in connection with allegations that individuals inside and outside the bank took unlawful advantage of the system for transferring shares in German equities around the dividend date to generate multiple tax refund claims against the German tax authority. The firm advised on FCA obligations as an approved person and potential criminal and regulatory liability under English and German law.