Aziz Rahman
off

The SFO’s Corporate Co-operation Guidance: Does Reality Match the Hype?

Finally, we have the Serious Fraud Office’s (SFO) Corporate Co-operation Guidance. SFO director Lisa Osofsky has made it clear she’s a firm advocate of co-operation so this guidance was always going to be significant. While welcome, asserts Aziz Rahman, it runs to just five...
Posted On 13 Aug 2019
Neil Williams
off

Examining The Future for Deferred Prosecution Agreements

Sometimes, the best ideas just don’t turn out to be as good in practice as they were either on paper or in the heads of those who devised them in the first instance. So far, 2019 seems to be the year that Deferred Prosecution Agreements (DPAs) have joined the list of things that...
Posted On 07 Aug 2019
off

NCA secures Unexplained Wealth Order against properties owned by Northern Irish woman

A Northern Irish woman with suspected links to serious organised crime has been ordered to explain how she financed the purchase of six properties worth around £3.2 million in total. The National Crime Agency (NCA) believes the woman is associated with criminals involved in...
Posted On 31 Jul 2019
Syedur Rahman
off

Are Bribery and Corruption Being Overlooked by UK Authorities?

A new report published by the Fraud Advisory Panel alleges that the authorities are overlooking bribery and corruption in the UK. Syedur Rahman argues that, while some criticism is justified, the real picture isn’t quite so clear cut. According to the Fraud Advisory Panel,...
Posted On 24 Jul 2019
Neil Williams
off

Brexit and Business Crime: What Next?

The UK is receiving a record number of European Arrest Warrants for suspects that have fled other European Union (EU) countries. Here, Neil Williams outlines why he’s concerned for the cross-border policing of business crime if and when Brexit does become a reality....
Posted On 26 Jun 2019
Syedur Rahman
off

Raids by the FCA: Why We Need to Look Beyond the Numbers

The Financial Conduct Authority (FCA) has recently reported that it carried out more raids last year than in any year since 2010. Syedur Rahman outlines why he firmly believes the reasons for those raids – and the results they eventually realise – are more important...
Posted On 17 May 2019
Syedur Rahman
off

Are Large Fines for Banks’ Wrongdoings Really Effective?

The Financial Conduct Authority (FCA) has recently fined Standard Chartered Bank (Standard Chartered) the sum of £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty ever imposed by the FCA...
Posted On 02 May 2019