In 2016, the government announced that hundreds of UK properties, suspected of belonging to corrupt individuals, would be seized by enforcement agencies under a tough new tool : Unexplained Wealth Orders (UWOs). The orders were designed to tackle London’s reputation as a haven for dirty money, shinning a light on anonymous ultimate beneficial owners, and […]
The Fraud Advisory Panel has recently published a detailed helpsheet in conjunction with Associate Kerri McGuigan on the Parallel Proceedings process. This helpsheet explores the key aspects to take into consideration when pursuing parallel proceedings. Read more
In a CNS News report on calls by Greece for EU sanctions to be imposed on Turkey in connection with gas drilling in the Aegean, Anna is made reference to the EU sanctions framework already in place for imposing sanctions on Turkish individuals and entities but pointed out that imposing sanctions would require unanimity among […]
Speaking to Thomson Reuters Regulatory Intelligence on the long-awaited publication of the Russia report by the Parliamentary Intelligence and Security Committee, Partner Anna Bradshaw suggested that the Committee’s findings could lead to calls for tougher sanctions to be imposed by the UK, following the approach adopted by the United States. Read more
Before the coronavirus pandemic sent shockwaves through the UK economy, the Financial Conduct Authority (‘FCA’) stepped up its efforts to promote good governance and culture in the financial services sector, with the publication of its first discussion paper of 2020, entitled ‘Transforming culture in financial services – driving purposeful cultures’ (‘DP20/1’). Read more
The United Kingdom announced the suspension of its extradition treaty with Hong King on Monday as the dispute with China over the introduction of a national security law for Hong Kong, a former British colony escalated. Partner Nick Vamos said, “Extraditions between Hong Kong and the UK are extremely rare, so this is a symbolic […]
Keith Oliver will be co-chairing the ACI/C5 webinar on “war stories” on August 11 at 3pm UK time. This will be an opportunity to hear about past famous and infamous legal battles.
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The legal community, politicians and anti-corruption groups have expressed their disappointment about Suella Braveman, the UK attorney-general for staying clear of the investigation by the Serious Fraud Office into the conduct of its director despite being in charge of the agency. Senior partner Michael O’Kane agreed that the attorney-general should take a role in the […]
Partner Anna Bradshaw contributes to the recently published edited collection on ‘Corruption, Integrity and the Law: Global Regulatory Challenges’, part of the Routledge series on The Law of Financial Crime. The book is available for purchase here .
