On Tuesday, a German court found a former Freshfields Bruckhaus Deringer partner guilty of aiding and abetting dividend tax fraud, in connection with the ‘cum-ex’ scandal. Former head of tax, Ulf Johannemann, was sentenced to three and a half years in prison for his role in the fraud, having assisted the now-defunct Maple Bank to […]
In our interconnected world, international lawyers play a crucial role in addressing cross-border challenges such as climate change and human rights abuses. Their expertise in navigating diverse cultures and intergovernmental relations positions them to create just and equitable solutions for a more harmonious international order. In this AIJA podcast, Charlotte Tregunna and fellow academic co-ordinators, […]
The Financial Conduct Authority (FCA) has undergone major change in recent years. In October 2020, Nikhil Rathi replaced Andrew Bailey as its CEO. In March 2023, Mark Steward stood down and was replaced by Therese Chambers and Steve Smart as joint Heads of Enforcement. In the same period, the Gloster Report, which had been commissioned […]
Towards the end of last year, the government concluded the Online Fraud Charter, which sets out commitments by big online players to tackle the gigantic rates on online fraud. This is a positive move, but to truly address the fraud epidemic, it is important to also address the high value of frauds. One important tool […]
Last week, a former Goldman Sachs International analyst was found guilty of insider trading and fraud at Southwark Crown Court, in a case brought by the Financial Conduct Authority (FCA). Mohammed Zina worked at the bank between 2014 and 2017, joining the Conflicts Resolution Group in 2016. Through this role, he came into possession of […]
In addition to being a key forum for the substantive resolution of fraud disputes, the English court regularly plays an important role in support of foreign proceedings. Perhaps the cornerstone of this support are the different forms of interim relief it offers to a litigant engaged in foreign proceedings under section 25 of the Civil […]
Yesterday, the legal team of Julian Assange was back in court in a bid to stop the extradition of the Wikileaks founder to the US. The two-day hearing in the High Court will consider whether Mr Assange can be granted leave to appeal against the 2022 extradition decision made by then Home Secretary Priti Patel. […]
Nick Vamos and Franziska Christen have secured a discharge for a client facing extradition to the Republic of Kenya (a category 2 territory under the Extradition Act 2003) to face criminal proceedings for conspiracy to defraud. We had previously won the client’s release on conditional bail. The case raised issues in relation to: – the […]
Last month, Spotlight on Corruption published a review showing that senior executives at large British companies who engage in economic crime, financial wrongdoing or regulatory breaches almost never face any consequences. In this analysis for LexisNexis Corporate Crime expert, Julia Steinhardt reviews the key findings of the report and what she considers to be the […]
The High Court has this week found in favour of Peters & Peters’ client Mrs Nebahat İşbilen in committal proceedings initiated against her one-time personal financier and trusted adviser, Mr Selman Turk. As a result, Mr Turk has been sentenced to 12 months’ imprisonment. This is the latest development in long-running fraud proceedings brought by […]
