The United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic sanctions
Continue Reading UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, Enforcement
On Dec. 15 Prime Minister Boris Johnson announced the appointment of Baroness Heather Hallett as chair of the forthcoming public inquiry into the COVID-19 pandemic.
Continue Reading UK COVID-19 Inquiry Chair Announced
The UK’s Office of Financial Sanctions Implementation (OFSI), the body tasked by the UK Treasury to administer and enforce financial sanctions in the UK, has
Continue Reading OFSI Finds Its Teeth While OFAC Continues to Enforce Against Non-U.S. Corporates
The UK Serious Fraud Office (SFO) has issued its long-awaited guidance on corporate co-operation. For the first time in one place, the SFO has
Continue Reading ‘Above & Beyond’? Serious Fraud Office Issues Corporate Co-Operation Guidance – Part I
The UK government’s Anti-Corruption Newsletter for Summer 2019, supported by ‘Anti-Corruption Champion’ John Penrose, MP for Weston-super-Mare, covers the latest developments in anti-corruption over
Continue Reading Beware of Strangers Bearing Gifts: UK ‘Business Integrity Initiative’ Aims to Support the Anti-Corruption Efforts of SMEs
On 4 July 2019 at Southwark Crown Court, Mr Justice William Davis formally approved the fifth Deferred Prosecution Agreement (DPA) entered into by the UK’s
Continue Reading The Serco Deferred Prosecution Agreement: A Lesson in Pragmatism
With the U.S. cannabis market reported to be worth around $10 billion, sales in Canada expected to reach $6.5 billion by 2020, and the UK
Continue Reading Roll Up, Roll Up: ‘Cannabis Inc.’ Is Open for Business, but UK Investors Must Wait Their Turn
It is widely thought that proceedings under the Proceeds of ‘Crime’ Act, such as confiscation, are intended to obtain the money someone makes from committing
Continue Reading Money Grows on Trees for Local Council Pursuing Home Improvement Enthusiasts and Local Football Club Fundraiser
In 2018 the House of Lords announced it would set up an ad hoc Select Committee to conduct a post-legislative review of the Bribery Act
Continue Reading UK Review of the Bribery Act 2010 – Committee Concludes New Guidance Needed
In a February 2019 speech, the FCA’s Director of Market Oversight, Julia Hoggett, said the following:
The life blood of all well-functioning markets is the
Continue Reading The Financial Conduct Authority – Part 2 – Criminal & Civil Insider Dealing