Blog
Removal of trustees – factors a court will consider
Cally Brosnan
3 December 2018
Reform of corporate liability – renewed calls for change
The House of Lords Bribery Act committee inquiry heard evidence recently from Serious Fraud Office (“SFO”) Director Lisa Osofsky and Director of Public Prosecutions Max Hill QC. This was preceded earlier in the morning with an evidence session with Sir Brian Leveson, President of the Queen’s Bench Division, where the issue of Deferred Prosecution Agreements was the focus.
13 November 2018
The UK’s new National Economic Crime Centre
On 11 December 2017, the UK government published its five year Anti-Corruption strategy with the aims of preserving the UK’s status as “one of the safest and cleanest places in the world to do business", and “building a strong, confident Global Britain”. Since 2010 the UK has taken significant steps to fight bribery and corruption, and is now ranked, according to Transparency International, as one of the ten least corrupt countries in the world. Notwithstanding this, money laundering and corruption remain a growing threat: the National Crime Agency estimates that over £90bn are laundered through the UK economy each year.
31 October 2018
What is a Cartel?
Last week, the CMA launched a new campaign to raise awareness of business cartels. The campaign is designed to send a “tough message to business cheats” which features a cartels hotline and also includes potential financial rewards for those who report suspected cartels.
17 October 2018
FCA to regulate Claims Management Companies and caps on fees introduced
A number of provisions in the Financial Guidance and Claims Act 2018 (“the Act”) came into force on 1 October 2018, following the Act receiving Royal Assent on 10 May 2018. Amongst other things, the Act transfers the regulation of Claims Management Companies (“CMCs”) from the Ministry of Justice (“MoJ”) to the Financial Conduct Authority (“FCA”) and imposes caps on the fees which CMCs can charge. The FCA will take over regulation from April 2019.
5 March 2018
Guest blog: Corporate criminal liability under international law
The Kingsley Napley International Conference 2018 held a panel debate on “Considering corporate liability for human rights abuses and international crimes, now and in the future.” Read this blog from Alessandra De Tommaso as part of our follow up series of blogs.