Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
24 July 2018
New police training indicates authorities believe cryptocurrency is here to stay
Earlier this month, the Lord Chancellor David Gauke confirmed that a new 18 courtroom legal centre is to be built on the site of Fleetbank House in London which will focus on issues such as economic crime (including fraud) and cyber crime. Due to be established in 2025, this “state-of-the-art court” is to give the message to the world that Britain “stands ready to deal with the changing nature of 21st century crime”.
17 July 2018
Search Warrants: the case for reform – costs
The Law Commission recently announced a consultation into the law and practice governing search warrants with a deadline for responses of 5 September 2018. This is second in a series of blogs which explore the current system and the proposals for reform. Where this blog considers the issue of costs, the introductory blog considers the key problems with the current law as identified by the Commission and sets out our thoughts and experience in respect of these: complexity, inconsistency and its outdated nature.
17 July 2018
Search Warrants: the case for reform – an introduction
The Law Commission recently announced a consultation into the law and practice governing search warrants with a deadline for responses of 5 September 2018. This is the first in a series of blogs which explore the current system and the proposals for reform. In this series, we consider the key problems with the current law as identified by the Commission and share our thoughts and experience in respect of these: complexity, inconsistency, its outdated nature and the costs incurred. We review the issue of costs in part two.
16 July 2018
FCA: Criminal prosecutions for AML systems and controls failings – a step too far?
In a recent speech, Mark Steward, Director of Enforcement and Market Oversight at the Financial Conduct Authority (FCA), addressed how the FCA is responding to the UK's October 2017 National Risk Assessment of Money Laundering and Terrorist Financing, which identified an emerging risk of money laundering in capital markets.
28 June 2018
FCA Dear CEO letter on cryptoassets – a warning to firms
On 11 June, the UK Financial Conduct Authority (FCA) issued a “Dear CEO” letter on how banks should deal with the financial crime risks associated with “cryptoassets”. The FCA defines cryptoassets as publicly available mediums of exchange that feature a distributed ledger and decentralised system for exchanging value, such as Bitcoin and Ether. These assets are more commonly known as cryptocurrencies.
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