Blog
Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
23 July 2015
Annual Report for Financial Conduct Authority (FCA) - international cooperation, market abuse, convictions, senior managers regime, whistleblowing and a historic year for fines
As the Parliamentary recess loomed, government departments and agencies rushed to publish their annual reports and accounts. Alongside the Serious Fraud Office, the Financial Conduct Authority (FCA) has issued its own end of term report.
24 June 2015
Fraudsters on the inside
There has long been a call to make the reporting of fraud a compulsory requirement, akin to the suspicious activity reports regime in money laundering, so that we have a full picture of the amount of fraud that goes on.
17 June 2015
Sentencing very large companies for environmental crimes – Fines equal to 100% of profit not unreasonable
The first case involving a very large organisation to come before the Court of Appeal since the implementation of new environmental sentencing guidelines, has confirmed that such offenders can now expect fines to run into several millions of pounds.
29 April 2015
Deutsche Bank £227m fine highlights the risks of signing attestations - for individuals and financial institutions
The Final notice published on 23 April 2015 contained many twists and turns to distinguish why Deutsche Bank has been subject to the highest fine ever issued by the Financial Conduct Authority (FCA) or its predecessor (the Financial Services Authority (FSA)). The £227million fine in the UK is part of a $2.5 billion penalty to settle the case globally. In addition the settlement included an agreement to dismiss seven employees.
16 April 2015
Care Home charged with Corporate Manslaughter
Sherwood Rise Limited, owner of the Autumn Grange Care Home in Nottingham has been charged under the Corporate Manslaughter and Corporate Homicide Act 2007 (CMCHA).
