All Money laundering and financial crime articles
-
News£300,000 fine for US firm over historical AML breaches
Solicitors Disciplinary Tribunal approves agreed outcome on the first day of the substantive hearing against Simpson Thacher & Bartlett.
-
OpinionInvestment fraud exposed - the power of private prosecution
Under the Prosecution of Offences Act 1985, it is open to anyone to bring a criminal prosecution. It can be a powerful tool.
-
NewsDentons appeal looks to Beckwith and Leigh Day precedents
Global firm says Solicitors Disciplinary Tribunal's approach did ‘not undermine’ money laundering legislation or send ‘wrong message’ to the profession.
-
NewsHong Kong convicts first solicitor for secrecy breach
Confidential information about fraud probe was shared with two individuals, Hong Kong court hears.
-
OpinionLetters: Increased funding for the SFO
The Serious Fraud Office has been given an extra £9.3m of funding to improve its case management and evidence handling.
-
OpinionBest law books of the year 2024
Heroes fact and fiction, legal thrillers and talking animals: David Pickup shares his Christmas roundup.
-
OpinionHorror faced by refugees unfolds in pacy thriller
David Pickup reviews William Kinread's 'Refuge'.
-
NewsAct now on new ‘failure to prevent’ offence, GCs warned
Government publishes guidance on offence created under the Economic Crime and Corporate Transparency Act.
-
NewsAlleged ATM operator charged in cryptoasset first
Charges are the first relating to unregistered cryptoasset activity under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
-
News'Over-lawyering' hindering prosecution of economic crime - thinktank
New report from Institute of Economic Affairs calls for SFO to be replaced by new enforcer with wider remit.
-
NewsMagic circle partner in Lynch yacht tragedy
New York white collar crime specialist Christopher Morvillo among those missing following the Sicily sinking.
-
NewsHigh Court throws out SRA’s appeal in AML case
External provider failed to identify politically exposed person related to client, court hears.
-
NewsFirm fined £17,000 over AML breaches
Latest sanction brings the total of AML fines imposed by the Solicitors Regulation Authority to more than £300,000.
-
News‘Know your client’ questions caught out bitcoin money launderer
Woman convicted on one count of entering into or becoming concerned in a money laundering arrangement at Southwark Crown Court.
-
NewsCompanies required to make 'lawful purpose’ declarations
New Companies House powers under Economic Crime and Corporate Transparency Act come into force today.
-
NewsLadbrokes and Coral owner to pay £615m in deferred prosecution agreement
The DPA with Entain plc, the first in which the CPS is acting as a prosecutor, includes a £465m fine, £10m costs and a donation to charity.
-
NewsSolicitor convicted of tipping off client on SFO investigation
SFO says the conviction of the solicitor, who will be sentenced later this month, is a first of its kind for the body.
-
NewsLawyers note 'impressive speed' of crypto-king conviction
Sam Bankman-Fried convicted on seven counts just a year after FTX crypto exchange went bankrupt.
-
NewsEconomic Crime Act divides expert commentators
New compliance requirements will apply only to large companies - but could make the UK less attractive as a place to do business.
-
NewsNews focus: Takeaways from the SRA compliance officers conference
At 16, the Solicitors Regulation Authority is a very different body from the one that spent almost all its time dealing with ‘fingers in the till’.