The FCA’s proposed Private Intermittent Securities and Capital Exchange System (PISCES) seeks to provide private companies with a platform to raise capital and create a secondary market for shares. However, the platform lacks traditional safeguards, such as market abuse regulations and insider dealing laws, potentially exposing investors to risks like fraud and unfair trading practices. […]
On 25 March 2025, Sepp Blatter and Michel Platini won their second acquittal in a Swiss fraud case over a £1.75 million FIFA payment from 2011. Michal Platini is considering suing Swiss authorities, as he blames the case for ruining his chances of leading FIFA and may seek compensation. His lawyer criticised the decade-long […]
In November last year, the government released guidance on the new corporate criminal offence of failure to prevent (FTP) fraud. In the first of a series of four articles, we analysed what companies and their advisers need to know about this significant development. In the second instalment, we explained how ESG fraud is likely to […]
A recent review led by Jonathan Fisher KC has proposed the introduction of an “Intensive Disclosure Regime” (IDR) designed to address the challenges of managing extensive digital material in complex fraud cases. The IDR aims to foster early engagement between prosecutors and defense lawyers, ensuring smoother resolution of disclosure issues. In a thought-provoking article […]
Private prosecutions have long played a role in the criminal justice system, allowing individuals and organisations to bring cases where public prosecutors may not act. However, concerns around accountability, fairness, and potential conflicts of interest have led to increasing scrutiny of their regulation. In this article for LexisNexis, Rachel Cook analyses the recent consultation, […]
The European Commission’s recent proposals to simplify sustainability reporting and due diligence obligations could significantly impact companies’ compliance with new frameworks. While aimed at improving competitiveness, the changes risk creating legal uncertainty and could hinder transparent sustainability data, which is vital for investors looking to make informed decisions. The proposed changes are a step […]
President Donald Trump’s recent decision to suspend enforcement of the Foreign Corrupt Practices Act (FCPA) has raised concerns about undermining global anti-bribery efforts. The FCPA, in place since 1977, prohibits U.S. and foreign companies with U.S. market ties from bribing foreign officials. Trump argues that the FCPA puts U.S. businesses at a disadvantage, as […]
On 12 December 2024, it was announced that the Lord Chancellor had asked Sir Brian Leveson (former judicial chief for criminal justice and former president of the Queen’s Bench Division) to lead an independent review of the Criminal Courts. Announcing Sir Brian’s review, the Lord Chancellor said: “The scale of the Crown Court crisis inherited […]
The EU’s Omnibus Package, set for release on February 26, aims to simplify sustainability reporting and due diligence regulations like the CSRD and CSDDD. While some see it as a positive move to foster competitiveness, others raise concerns that the changes could undermine crucial environmental and human rights protections. In this article for Law 360, Maria […]
The claim (CL-2024-000213) brought in the UK by 400+ OneCoin investors against Peters & Peters’ client, Mr Monirul Islam, in July 2024 in relation to OneCoin, together with accompanying worldwide freezing orders, have been withdrawn by mutual agreement between the parties. No payments whatsoever have been made by Mr Monirul Islam to the claimants in […]
