Head of International Keith Oliver and Legal researcher Amalia Neenan discuss how facial recognition technology is capitalising on the Covid-19 crisis in Euronews

Brian McDonald May 15, 2020 0 Comments

In the midst of the COVID-19 pandemic, many states have turned to facial recognition technology as a way to combat the spread of the virus by tracking quarantine evaders or gauging elevated temperatures of potentially infected individuals in crowds. However, without proper regulation, we have started to witness the often undetected spread of this technology, […]

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Partner Nick Vamos is quoted in Bloomberg about Ex-billionaire Mallya’s extradition case

Brian McDonald May 14, 2020 0 Comments

Former billionaire Vijay Mallya is a step closer to being extradited to India to face impending fraud charges, after two judges ruled that the case raised no public interest issues, and therefore ruled out an appeal to the Supreme Court. “Extradition must take place within 28 days of the decision of the Supreme Court refusing […]

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“Privacy concerns must not be shut out in rush to control virus”, Head of International Keith Oliver and Legal researcher Amalia Neenan discuss in The Times and have also been featured in the weekly edition of The Times Brief Newsletter

Brian McDonald May 14, 2020 0 Comments

Dystopian visions of spies — technological or human — betraying a cowed population to authoritarian regimes are rife in literature. We have not quite reached the level of surveillance depicted in Margaret Atwood’s The Handmaid’s Tale — but this could be how it starts: a global catastrophe, followed by enhanced governmental control. The latest controversy relates to […]

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RUSI publishes the second paper on the Future of UK Sanctions policy

Brian McDonald May 14, 2020 0 Comments

The second RUSI paper on ‘Coordinating Sanctions after Brexit’, draws on the work conducted by the RUSI Sanctions Taskforce, supported and funded by Peters & Peters. It analyses the merits and challenges of the UK coordinating new sanctions initiatives with international partners, and also the extent to which the UK could pursue its own sanctions […]

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Partner Hannah Laming , Associate Craig Hogg and Legal Researcher Katie Jones discuss the extension to the Senior Manager and Certification Regime (SMCR) in the Law Society Gazette

Brian McDonald May 12, 2020 0 Comments

On 9 December 2019, the SMCR was extended to authorised firms regulated solely by the FCA, replacing the former Approved Persons Regime. The SMCR is intended to protect consumers by strengthening market integrity through an enhanced governance, individual responsibility and accountability framework, comprising conduct rules and overlapping Senior Managers’ and Certified Persons’ regimes. Read more

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Senior Associate Rachel Cook discusses, ‘Unexplained wealth orders : what advisers must be aware of’ in International Adviser

Brian McDonald May 11, 2020 0 Comments

A financial services adviser recently found himself on the receiving end of one of the UK’s newest tools in its fight against money laundering : unexplained wealth orders (UWOs). These orders have the power to compel an individual – either a politically exposed person (PEP) or a person who is suspected of involvement in, or […]

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Head of Commercial Litigation and Civil Fraud, Jonathan Tickner is quoted in International Adviser on the decision of Mr Justice Nugee dated 30 April 2020

Brian McDonald May 6, 2020 0 Comments

Between 2005 and 2007, the Claimants (most of whom are former professional footballers) invested in tax-leveraged film schemes promoted by the “Scion” corporate entities, on the advice of Formation Asset Management Limited. At that time, Formation was the appointed representative of Carpenter Rees Limited. The schemes resulted in very serious losses for the Claimants who […]

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Representing a UK businessman linked to a £70m alleged international fraudulent investment scheme

Brian McDonald May 5, 2020 0 Comments

We act for a UK-based company director in relation to an ongoing criminal investigation by the Metropolitan Police into an international Ponzi-type investment fraud. It is alleged that another director of the relevant group of companies defrauded investors across Europe and Asia in respect of an investment into sustainable residential development in South America. Following […]

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Peters & Peters secures 95% reduction in penalty for an engineering company in an HMRC export controls and sanctions investigation

Brian McDonald May 4, 2020 0 Comments

Peters & Peters successfully acted for a major international engineering company and its overseas parent Group working primarily in the offshore oil and gas, renewable energy and telecoms market. The company was the subject of an investigation by HMRC for potential export controls and sanctions breaches in relation to the export of dual-use marine goods […]

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UK-based money service business charged in UAE with money laundering and terrorist financing

Brian McDonald May 4, 2020 0 Comments

Our clients are a British businessman and his UK-regulated money service business.    The client is charged, alongside his UAE-based companies, with serious money laundering and terrorism financing offences.  The UAE prosecution involves over 40 defendants and is of particular interest as the evidence of terrorist links appears to be almost exclusively based on publicly available […]

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