All Money laundering and financial crime articles – Page 3
-
News
Super regulator backs new crime-fighting mandate
Legal Services Board submits evidence to MPs scrutinising Economic Crime and Corporate Transparency Bill.
-
News
Blow to corporate transparency as top EU court backs anonymity
Public’s access to information on beneficial ownership constitutes ‘a serious interference with the fundamental rights to respect for private life'.
-
News
Hacking victim retains anonymity in 'persons unknown' action
Judge agrees to withhold identity of company working on 'security-sensitive and highly classified projects of national significance'.
-
News
SFO secures record penalty in Glencore bribery case
Commodities trading giant guilty of 'sophisticated offending that was sustained over prolonged periods of time'.
-
News
SRA reported £149m of ‘suspicious activity’ last year
Chair Anna Bradley says regulator 'significantly increased' resources dedicated to preventing and detecting money laundering.
-
News
News focus: Economic crime 'enablers' in bill committee's spotlight
MPs are ramping up the rhetoric on economic crime, amid fears new legislation to combat fraud does not go far enough. Lawyers are once again in their sights as ‘facilitators’ of illegal activity and tax dodging.
-
News
Tax avoidance as illegal as evasion, MPs claim
Former minister attacks 'false distinction which is reinforced by the tax industry'.
-
News
'Enablers' in spotlight as economic crime bill takes next step
All-party group calls for anyone assisting 'avoiders and evaders' to face the 'full force of the law'.
-
News
MPs call for specialised economic crime courts
Justice committee also backs creation of 'failure to prevent' offence.
-
News
‘Privileged’ legal sector escapes AML rules, campaign group claims
Spotlight on Corruption calls for bigger role for SRA as MPs debate giving regulator unlimited fining powers.
-
News
Treat overseas register regime 'like AML compliance with bells on', solicitors told
Verification process for information submitted to register of overseas entities discussed at Law Society conference.
-
News
New 'failure to prevent' offences on the way, former LC predicts
Sir Robert Buckland KC MP tells lawyers that he expects amendments to Economic Crime and Corporate Transparency Bill.
-
News
Society ‘extremely concerned’ at proposals for unlimited SRA fines
Government wants to legislate to remove fining limit in cases related to economic crime.
-
News
Government offers SRA unlimited fining powers for economic crime
Economic Crime and Corporate Transparency Bill includes removal of statutory limit on fines for solicitors.
-
News
High Court permits service by NFT in ‘English legal first’
Lawyers say service by non-fungible token only permitted once before worldwide.
-
News
Queen’s Speech: Bill of Rights and Brexit freedoms
Government to ‘restore balance of power between legislature and courts’ with Bill of Rights.
-
News
Services firms line up to tackle crypto fraud
Triage system will assess claims for access to £50m litigation funding warchest.
-
News
SRA probes exposure to sanctioned clients
'Thematic review' following issues raised in parliament will report this autumn.
-
News
Second conviction quashed in fresh blow for SFO chief
Solicitors for Paul Bond claim Serious Fraud Office director Lisa Osofsky’s position is now ‘wholly untenable’.