Nov 07, 2024 Time is ticking for the Failure to Prevent Fraud offence coming into force By Matthew Bruce Ben Morgan Ali Sallaway Emily Knight Laura Feldman Caroline Doherty de Novoa +3 more... Show less On 6 November 2024, the UK Government published final guidance on what constitute reasonable prevention procedures (the “Guidance”), on...
Oct 31, 2024 Penny for your thoughts? A US and UK take on incentivising financial crime reporting By Ben Morgan Eric Bruce Justin Simeone Alice Brindle +1 more... Show less On both sides of the Atlantic, law enforcement agencies are showing increasing interest in using incentivisation as a means to detect...
Sep 25, 2024 FCA consultation on publicising investigations: Talks to resume By Lucy Clark After a few months of silence (the FCA’s promise to listen to the “extensive feedback” it had received at the consultation’s close in...
Aug 22, 2024 The new European AML package - a comprehensive overview By Jan Struckmann Alicia Hildner Janina Heinz Few areas of regulatory law are evolving as rapidly as European money laundering law. Over the past few years these requirements have...
Jul 10, 2024 AML compliance in the UK: Court of Appeal Decision throws a spotlight on the adequate consideration exemption By Ben Morgan Ali Sallaway Caroline Doherty de Novoa Laura Feldman +1 more... Show less A recent Court of Appeal decision [1] on the UK Proceeds of Crime Act (POCA) has provoked significant interest given its focus on the...
Jul 05, 2024 Global enforcement trends to tackle money laundering By Christopher Robinson Ali Sallaway David Sewell Daniel Travers Alicia Hildner Zara Merali Nikolaas Van Robbroeck Oliver Hamill Marcel Michaelis Silvia Van Dyck Laura Feldman +8 more... Show less Legislators, regulators and law enforcement authorities are increasing their efforts to detect and combat money laundering. Although this...
May 13, 2024 Update: The EU keeps the ball rolling in its battle against money laundering – next on the agenda: professional football By Jan Struckmann Marcel Michaelis Mathis Schwarze Professional football is not just an entertaining happening for millions of fans around the world; it is also a big money game. During...
Apr 24, 2024 From PSD2 to PSD3 and PSR – European Parliament sets out its vision on the future of payments By Natalie Pettinger Kearney Eva Schneider Daniel Klingenbrunn Jimena Gonzalez Alicia Hildner +2 more... Show less The payments landscape has undergone significant changes over the past decade, changes driven by fast-paced technological advancements...
Apr 12, 2024 The UK FCA’S Business Plan 2024/25: Five Takeaways for Financial Institutions By Piers Reynolds Jack Helyar At a Glance The UK’s Financial Conduct Authority (the FCA) has recently published its Business Plan for 2024/25, setting out its...
Mar 06, 2024 'De-banking’ claim against Revolut struck out as an abuse of process By Harry White Anthea Bowater In the recent case of Uzbekov v Revolut, the English High Court struck out a breach of contract claim brought by Mr Uzbekov following...
Nov 29, 2023 Fund transfers, crypto-assets and AML/CTF – the European Banking Authority’s take on the ‘Travel Rule’ By Daniel Klingenbrunn Jan Struckmann Fund transfers, crypto-assets and AML/CTF – the European Banking Authority’s take on the ‘Travel Rule’ The fight against money laundering...
Nov 07, 2023 Economic crime and corporate transparency: Significant company law changes and new offences By Annie Whiteside The Economic Crime and Corporate Transparency Act 2023 which received Royal Assent on 26 October is aimed at preventing the abuse of UK...