Senior Partner Michael O’Kane is quoted in Bloomberg’s article ‘Britain Targets Russian Billionaires’.
As the U.S. goes after a handful of Russian oligarchs with its latest round of sanctions, the U.K. is under pressure domestically and from abroad to tighten controls and shed its reputation as a place to launder corrupt money. Senior Partner and Head of Business Crime Michael O’Kane, says a number of Russians have recently approached the firm for advice. “I think it’s definitely starting to have a chilling effect,” he says. “As relations deteriorate between the two countries, they may well start to look at alternative places to go.” Read more.