On 30 May 2019 the SFO issued a press release announcing that Carol Ann Hodson, the former director and owner of a company named ALCA
Continue Reading M&A Deal Flushes Out Bribery Scheme Leaving Seller Director with a Multi-Million Pound Hangover and Jail Time
white collar
Roll Up, Roll Up: ‘Cannabis Inc.’ Is Open for Business, but UK Investors Must Wait Their Turn
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
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
Money Grows on Trees for Local Council Pursuing Home Improvement Enthusiasts and Local Football Club Fundraiser
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
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
UK Financial Conduct Authority Anti-Money Laundering Investigations Underway With Threats of Civil and Criminal Enforcement
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
Posted in GT Alert, White collar
Speaking on 4 April 2019, the head of enforcement for the UK FCA, Mark Steward, warned those subject to the UK’s anti-money laundering regulations that…
Continue Reading UK Financial Conduct Authority Anti-Money Laundering Investigations Underway With Threats of Civil and Criminal Enforcement
FCA Receives Thousands of Insider Dealing Tip-Offs From Financial Services Firms; Few Investigations Opened
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
Posted in insider dealing, White collar
Figures provided by the UK’s Financial Conduct Authority (FCA) show that in spite of the thousands of tip-offs on insider dealing it receives from banks…
Continue Reading FCA Receives Thousands of Insider Dealing Tip-Offs From Financial Services Firms; Few Investigations Opened
UK Review of the Bribery Act 2010 – Committee Concludes New Guidance Needed
By Anne-Marie Ottaway on
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
The Financial Conduct Authority – Part 2 – Criminal & Civil Insider Dealing
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
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
I Smell a Rat: SFO Looks to Informants – Dangling the Carrot of Immunity?
By Anne-Marie Ottaway, Gareth Hall & Barry Vitou on
Posted in criminal law, White collar
Lisa Osofsky, the new director of the UK Serious Fraud Office, says her agency should use insiders and co-operators to bring to life by way…
Continue Reading I Smell a Rat: SFO Looks to Informants – Dangling the Carrot of Immunity?
Prove It or Lose It: Lost It! NCA Uses New Powers to Freeze Accounts and Secure Substantial Asset Forfeiture
On 7 February 2019, the UK’s National Crime Agency (NCA) confirmed that it had obtained account forfeiture orders over money held in bank accounts in
Top 5 Predictions for UK White Collar Defence in 2019
By Gareth Hall, Anne-Marie Ottaway & Barry Vitou on
What does 2019 have in store for white-collar defence in the UK? In this GT Alert, we list our top 5 predictions relating to Serious…
Continue Reading Top 5 Predictions for UK White Collar Defence in 2019