More than one in four UK employees (approximately 9.1 million people) are currently furloughed under the Government’s Coronavirus Job Retention Scheme (“Scheme”), at a cost of almost £20.8bn….
On Monday, 1 June 2020, the U.S. Department of Justice (“DOJ”), published an updated version of their guidance on Evaluating Corporate Compliance Programs (“DOJ Guidance”) which reflects the…
The Coronavirus (“COVID-19”) pandemic poses an unprecedented challenge for the criminal justice system in England and Wales. In particular, COVID-19 is having a noticeable impact on UK enforcement…
Corporate Crime analysis: Lucia Cabello, Solicitor at Fulcrum, considers the decision of the Office of Financial Sanctions Implementation (“OFSI”) to fine the UK bank Standard Chartered a total of…
The Financial Conduct Authority (“FCA”) has launched a review of the role of authorised corporate directors (“ACDs”) after widespread scrutiny of the service providers following the Woodford…
Introduction
A month on from the implementation of the European Union’s Fifth Money Laundering Directive (EU) 2018/843) (“5MLD”)[1] which placed cryptoassets under the supervision of the…
Introduction:
It is nearly ten years since the match fixing scandal involving Salman Butt, Mohammad Asif and Mohammad Amir stunned the cricket world.[1] It therefore comes with great sadness to…
Corporate Crime analysis: Southwark Crown Court has approved a deferred prosecution agreement (“DPA”) requiring the respondent aircraft manufacturer (“Airbus SE”) to pay a total financial sanction of…
Introduction
Last Friday’s sentencing hearing for two agents and a coach at Southwark Crown Court marked the conclusion of a case which must have been painful viewing for all those engaged with…
Further to the much-anticipated Corporation Co-Operation guidance published by the SFO last summer, on 17 January 2020, the SFO published a new chapter of its Operational Handbook entitled…
Introduction
On 10 January 2020 the EU’s Fifth Money Laundering Directive (EU) 2018/843 (“5MLD”) implemented by The Money Laundering and Terrorist Financing (Amendment) Regulations 2019…
Will the FCA decrypt Cryptoassets?
From 10 January 2020, cryptoasset businesses that operate in the UK will be subject to supervision by the Financial Conduct Authority (“FCA”) in respect to…