On 9 May HM Revenue and Customs (HMRC) repeated its message that it is in pursuit of those who attempt to avoid or evade tax with an announcement that it is working with US and Australian tax authorities on data which “reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies”. Although this material is still in the process of being analysed, HMRC are using the threat of criminal prosecution or significant fines and public naming and shaming to encourage “voluntary compliance and early disclosure of tax irregularities”.
9th May 2013
In a decision published on 24 April 2013 the High Court took the “highly exceptional” step of ordering the CPS to review its decision not to prosecute in a case involving an allegation of rape. The court gave fresh consideration to the issue of consent and confirmed the principles set out in Assange v Swedish Prosecution Authority  EWHC 2849 (Admin).
The Crime and Courts Act 2013 received Royal Assent on 25 April 2013. Section 43 of the Act amends the current law in relation to self-defence. What does this mean for self-defence in the home?
8th May 2013
On 25 April 2012, the Crime and Court Bill 2012-13 received royal assent. Changes of note include the creation of the National Crime Agency (NCA) and the introduction of Deferred Prosecution Agreements (DPAs) in England and Wales which, it is proposed will be used by prosecutors in economic crime cases.
First FCA fine imposed as they continue FSAs work in sanctioning banks for money laundering failings
30th April 2013
On 1 April 2013, the Financial Conduct Authority (FCA) replaced some of the functions of the Financial Services Authority.
On 24 April 2013, the FCA announced that it had fined the EFG Private Bank Ltd (EFG) £4,200,000 for breaches of Principle 3 (management and control) of the FSA’s Principles for Businesses for failures in managing money laundering risks. An early settlement discount of 30% was agreed; without this the fine imposed would have been £6 million.