All Money laundering and financial crime articles
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NewsSFO proposes whistleblower incentives
Individuals reporting economic crime could receive a financial reward if their information leads to a conviction.
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News'Don't panic-buy AML products', conveyancers told
Former Law Society taskforce chief tells solicitors to concentrate on complying with current Solicitors Regulation Authority requirements.
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NewsSFO seeks new chief - 10 months after Nick Ephgrave’s departure
Attorney general says ‘next director will play crucial part in government’s determination to combat serious financial crime and hold perpetrators to account’.
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News£250m crypto class action collects 2,700 claimants
As FCA opens new authorisation gateway, law firm alleges that trading platform Binance sold high-risk, complex derivative products to consumer investors.
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FeatureTargeting abuse of position fraud
Some of the most damaging frauds are committed not by strangers behind screens but by people in positions of trust.
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NewsWoodville owes £300 million. It has £255,000
Directors have 'yet to answer basic questions on the use of investor funds', administrators’ statement of proposals reveals
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NewsDecade-long saga ends with ENRC-SFO settlement
'The SFO is a fundamentally different organisation,' says director of legal services following announcement.
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News‘No reliable estimate’ can be made of collapsed funder’s portfolio
Administrators investigating allegations that Woodville used money raised to meet promises to previous investors.
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OpinionThis Woodville scandal is going to be huge
Failed litigation funder seems to have raised £390 million from investors. Many seem to be regretting it.
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NewsCollapsed litigation funder named in FCA warning on loan-note scams
Failure of Woodville Consultants Ltd, 'shows the potential risk to investors'.
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OpinionA wake-up call from Fisher on fraud
Delay in publishing Jonathan Fisher KC's report on fraud is not just a sign of government indifference to the problems he identifies so starkly.
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NewsJuries can cope with complex trials, says landmark Fisher fraud review
Part 2 of Jonathan Fisher KC’s review - Fraud in the Digital Age - makes 47 recommendations to reduce the ‘growing scale’ of fraud.
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NewsSFO secures £500,000 confiscation order - decades after conviction
‘A conviction is never the end of the road for the SFO,’ says head of the office's proceeds of crime and international assistance division.
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NewsSRA faces £516,000 costs bill for Dentons case
Court of Appeal rejects regulator's contention that no costs order should be made against it for discharging its responsibilities.
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NewsCourt of Appeal clears way for SDT to rehear Dentons money laundering case
Judges agree that an allegation of a breach can only be upheld if the conduct 'is sufficiently serious' - but uphold High Court's decision.
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NewsPalantir primed to access law firm AML data
Controversial US tech giant is on the verge of landing a crime detection contract with the Financial Conduct Authority.
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NewsDentons challenges AML breach ruling at Court of Appeal
Not every breach of rule or regulation should be treated as a matter of misconduct, international firm argues.
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NewsJudgment reserved in first SLAPP strike-out bid
Defendants say £8m action brought by tax barrister bears hallmarks of abusive litigation.
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OpinionWhy risk and compliance matters more than ever
Solicitors are facing an expanding set of regulatory, technological and operational pressures.
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