In an article published by Taxation magazine, Rachel Cook examines how HMRC’s new whistleblower reward scheme could reshape the tax risk landscape. With financial incentives encouraging insiders to come forward, scrutiny may increasingly originate from within organisations, rather than solely through routine compliance activity. The message for advisers and clients is clear: technical […]
Is the Financial Conduct Authority going too far? In this article, Neil Swift and Rachel Cook examine how intensifying insider dealing crackdowns, and the Financial Conduct Authority’s evolving approach to confiscation, are blurring the line between profit and capital, raising critical concerns about fairness, consistency, and trust in the UK’s enforcement regime. To […]
We’re pleased to share that Anna Bradshaw, Partner in our Business Crime & Sanctions team, has been quoted in The Guardian’s latest reporting on UK export controls. The article examines concerns raised by sanctions experts over a UK company’s approved export of advanced machinery to Armenia, following revelations about potential links to the Russian war […]
Parties whose contractual dealings have been affected by the imposition of sanctions now have increased clarity over their rights and obligations, following the Supreme Court’s decision in UniCredit Bank GmbH, London Branch v Constitution Aircraft Leasing (Ireland) 3 Ltd and another [2026] UKSC 10. In short, where sanctions prohibit a party from making an agreed payment: […]
In this article, Nick Vamos and Abbie Melvin examine the implications of the Supreme Court’s decision to quash Tom Hayes’ LIBOR-rigging conviction, focusing on how a judicial misdirection to the jury rendered the verdict unsafe despite strong evidence of wrongdoing. The piece explores whether such outcomes could be avoided through judge only trials in […]
The Cambridge Dictionary definition of “conversion”, when used in a legal context, is “the illegal act of giving away or selling property that belongs to someone else”. In Yuen v Li [2026] EWHC 532, Cotter J found that neither the passing of the Property (Digital Assets etc) Act 2025 (the “2025 Act”), nor the findings […]
In a webinar hosted by the International Underwriting Association, Michael O’Kane and Maya Lester KC of Global Sanctions discussed the growing impact of global trade sanctions on the insurance industry. Senior Partner Michael O’Kane provided attendees with a clear and practical assessment of the challenges facing insurers operating across multiple jurisdictions. His contribution focused […]
Peters & Peters is proud to announce its membership of the Employers’ Initiative on Domestic Abuse (EIDA), reinforcing the firm’s commitment to being the best possible employer for its people. EIDA works with employers to support the implementation of effective internal policies on domestic abuse, while raising awareness and signposting to up-to-date resources. Domestic […]
At a time when serious questions are being asked about whether the international rules-based order is simply a “useful fiction”, repetition, by the Supreme Court in Zimbabwe v Border Timbers, of a passage in an ICJ judgment, Jurisdictional Immunities of the State (Germany v Italy), may have prompted a wry smile from the reader. The […]
Do you know what “specialty” means? Those who don’t will be pleased to learn that members of the Supreme Court disagreed on the scope of this term, which is found (among other places) in the Limitation Act 1980 (“the 1980 Act“). In a ruling which will prompt those advising corporates to think (yet) again about […]
