The second RUSI paper on ‘Coordinating Sanctions after Brexit’, draws on the work conducted by the RUSI Sanctions Taskforce, supported and funded by Peters & Peters. It analyses the merits and challenges of the UK coordinating new sanctions initiatives with international partners, and also the extent to which the UK could pursue its own sanctions […]
On 9 December 2019, the SMCR was extended to authorised firms regulated solely by the FCA, replacing the former Approved Persons Regime. The SMCR is intended to protect consumers by strengthening market integrity through an enhanced governance, individual responsibility and accountability framework, comprising conduct rules and overlapping Senior Managers’ and Certified Persons’ regimes. Read more
A financial services adviser recently found himself on the receiving end of one of the UK’s newest tools in its fight against money laundering : unexplained wealth orders (UWOs). These orders have the power to compel an individual – either a politically exposed person (PEP) or a person who is suspected of involvement in, or […]
Between 2005 and 2007, the Claimants (most of whom are former professional footballers) invested in tax-leveraged film schemes promoted by the “Scion” corporate entities, on the advice of Formation Asset Management Limited. At that time, Formation was the appointed representative of Carpenter Rees Limited. The schemes resulted in very serious losses for the Claimants who […]
We act for a UK-based company director in relation to an ongoing criminal investigation by the Metropolitan Police into an international Ponzi-type investment fraud. It is alleged that another director of the relevant group of companies defrauded investors across Europe and Asia in respect of an investment into sustainable residential development in South America. Following […]
Peters & Peters successfully acted for a major international engineering company and its overseas parent Group working primarily in the offshore oil and gas, renewable energy and telecoms market. The company was the subject of an investigation by HMRC for potential export controls and sanctions breaches in relation to the export of dual-use marine goods […]
Our clients are a British businessman and his UK-regulated money service business. The client is charged, alongside his UAE-based companies, with serious money laundering and terrorism financing offences. The UAE prosecution involves over 40 defendants and is of particular interest as the evidence of terrorist links appears to be almost exclusively based on publicly available […]
We act for two individuals whose home was raided on suspicion that their electronic devices contained indecent images of children. The police investigation is ongoing. We have advised the clients on the law regarding possession and distribution of images and likely penalties. We have liaised with the employer of one of our clients in relation to […]
The client is part of a wealthy, prominent family from a European country. He has been accused, while in the UK, of kidnapping, raping and blackmailing his former girlfriend, also from a wealthy and prominent family in the same country. We ensured that our client was released under investigation so that he could return to […]
Peters & Peters demonstrate that the Russian Federation is still incapable of meeting required human rights standards On 9 December 2019 Senior District Judge Arbuthnot discharged our client, Ms Olga Egorova, and three other requested persons whose extradition was sought by the Russian Federation. The requested persons were unconnected to one another and had been […]
