Acted for a Saudi based company in proceedings brought against former employees for breaches of trust including the misappropriation of funds. The case involved complex international litigation including the co-ordination of disclosure orders in the BVI and associated criminal proceedings in Switzerland.
Peters & Peters is proud to have sponsored the Sergei Magnitsky Human Rights Awards, which took place on 16 November 2015 in honour of Russian anti-corruption lawyer Sergei Magnitsky, on the sixth anniversary of his death. The Awards were hosted by Hermitage Capital Management, a victim of ‘corporate raiding’ in the Russian Federation. Sergei Magnitsky, […]
By Final Notice dated 2 November 2015, the Dubai Financial Services Authority (the “DFSA”) imposed a $640,000 financial penalty on the Dubai International Financial Centre branch of the Dutch bank ABN AMRO (“ABN”, or the “Bank”), for failures in the Bank’s anti-money laundering (“AML”) systems and controls. The DFSA identified “widespread … contraventions”, which in […]
On 21 October 2015, the Abu Dhabi Global Market (“ADGM”) officially opened for business. The ADGM is the latest international financial free zone to be established in the UAE and throughout the Persian Gulf. In common with similar initiatives in Dubai and Qatar, to encourage diversification of Abu Dhabi’s economy through foreign investment, the ADGM […]
Corporate Crime analysis: Jasvinder Nakhwal, partner in business crime at Peters and Peters, with William Green, associate, and legal researcher Craig Hogg, explains the key proposals in the government’s draft codes of practice for extradition and transit cases, and anticipates a broadly positive response from practitioners. To view the full publication please click below. Extradition […]
Corporate Crime analysis: Neil Swift, partner in the business crime team at Peters & Peters, looks ahead to the most likely developments in 2016 in the area of bribery and corruption. To read the full article please click the link below: Bribery and corruption—looking ahead to 2016
Michael O’Kane, Head of Business Crime at Peters & Peters, was invited to provide expert guidance on UK cartel enforcement in “The Criminal Cartel Offence: Where are we now?”, a video for Practical Law. Michael’s video can be accessed here, via the Practical Law website. Topics include: Prosecutions to date under the UK cartel offence […]
In a recent interview with LexisPSL, Neil Swift discussed the case of Smith and Ouzman Ltd., and the challenges in identifying a directing mind and will in corruption cases. The interview is available here.
In a recent article for Fraud Intelligence, Head of Business Crime Michael O’Kane and Sarah Cotterill, Paralegal, discussed evidentiary standards in international arbitrations involving allegations of corruption. Their article, “Holding states to a higher standard: allegations of corruption in international arbitration”, is available here. You can also read it on the Fraud Intelligence website.
Neil Swift discusses the recent decision in McKenzie v SFO was published in Fraud Intelligence. The case concerned the SFO’s handling of electronic devices which are claimed to contain legally privileged material, raising important issues for persons involved in investigations. The full article, “Handled with care – High Court approves SFO’s treatment of seized electronic devices” is available […]
