He may have served his time, but in an attempt to clear his name, former rates trader Tom Hayes, announced last month that his conviction for manipulating the Libor benchmark rate was being referred to the UK’s Criminal Cases Review Commission. All those accused of Libor rigging in the US, including Hayes, have been acquitted […]
Earlier this week, the Financial Conduct Authority (FCA) set out the issues it will consider as part of a review of how financial services firms treat politically exposed persons (PEPs). The review, which is to report by the end of June 2024, will look at the arrangements that firms have in place with PEPS based […]
Last month, judgment was given in Eugene Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs, the first case to come before the English courts challenging the designation of a person under the Sanctions and Anti-Money Laundering Act 2018. In this article for LexisNexis Corporate Crime expert, Kerri McGuigan and Liam Lane (who […]
From its origins as a pastime for working class Britain in the 19th century, football is now more popular than ever, especially so after the unprecedented success of the 2023 FIFA Women’s World Cup. However, this rise in fame and popularity has also meant increased scrutiny of the sport and, more recently, the future of […]
Last month, the High Court concluded that to enforce an arbitral award obtained by a major crypto exchange would be contrary to public policy under section 103(3) of the Arbitration Act 1996. This unusual invocation of the public policy exception arises as part of a recent line of cases in which crypto traders have generally […]
According to Reuters, British police is investigating Myanmar’s former ambassador to the UK for trespassing on a diplomatic residence in London, which he has refused to leave since being ousted for opposing the 2021 military coup in Myanmar. Reuters reports that Kyaw Zwar Minn was locked out of his embassy a few months after the […]
On Thursday last week, the body of 10-year-ol Sara Sharif was found at her home in Working, Surrey. The police said that the three people it was trying to find in connection with her death had left the UK the day before. The police is now working with international authorities to locate them. Anna Bradshaw […]
On 26 July 2023, the Supreme Court handed down its judgment in R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28 whose implications have sent shockwaves through the litigation funding industry in England and Wales. But what does this ground-breaking decision mean, and what […]
Last month, after months of speculation, it was announced that the new director of the Serious Fraud Office (SFO) was going to be Nick Ephgrave. Ephgrave was the former chief constable for Surrey Police, assistant commissioner of the Metropolitan Police Service, and most recently held a role that overlapped with his responsibilities as assistant commissioner, […]
Last week, according to media reports, two men who had stabbed to death an aspiring lawyer in a case of mistaken identity were each jailed for life with a minimum term of 27 years. In February 2021, a group of six men attacked Sven Badzak, 22, and a friend, 16, near a supermarket in Kilburn, […]
