Blog
Press Round-Up: Regulatory and Professional Discipline – May 2026
Jack Garden
22 February 2018
Bringing cryptocurrencies in from the cold
Regulators around the world are calling for cryptocurrencies to be brought within the remit of financial regulation. To date, the focus has largely been on Bitcoin, which was the predominant cryptocurrency traded on some of the largest dark web markets. However, in light of the call for better oversight, the value of Bitcoin plummeted and evidence suggests that users are moving towards alternatives that afford greater anonymity.
14 February 2018
What you need to know about Unexplained Wealth Orders
Unexplained Wealth Orders (UWOs), first ratified in the Criminal Finances Act of April last year, are now in force meaning UK law enforcement agencies have a new tool at their disposal to help fight organised crime. Media reports have cited 'fishy millionaires', the wealth of corrupt overseas politicians and the properties of oligarchs as the intended targets. In practice however UWOs can be applied to any asset over £50,000 where there are reasonable grounds for suspecting dirty money is involved. Accountants, tax advisers and private wealth managers therefore need to understand how UWOs work and why their clients, innocent or otherwise, might be at risk.
5 February 2018
Bitcoin and cryptocurrencies – regulation on the horizon to combat cyber-crime?
The Treasury has indicated that it is planning on regulating bitcoin, in an attempt to bring some order to the Wild West that is cryptocurrencies. What would regulation of Bitcoin achieve?
20 June 2017
Private prosecutions – What should victims do when the traditional law enforcement agencies fail to act?
Seven former employees of Autofocus, a company which provided expert evidence on the cost of replacement hire cars for motorists involved in road traffic accidents, have been found guilty of perjury and jailed.
20 June 2017
FCA Investigations – the evolving approach
Jamie Symington, director of investigations at the Financial Conduct Authority (FCA) gave the keynote address at the recent Banking Litigation & Regulation Forum, in which he talked about the evolving approach to FCA investigations.