Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
21 March 2023
Fraud: 2023’s unwelcome guest
Data demonstrates the correlation between GDP declining and recorded fraud offences increasing – after what we’ve collectively been through over the past few years, businesses should be ready for an upsurge in fraud being uncovered.
21 February 2023
Joint police and FCA action underlines law enforcement attention on cryptoasset activity
Amid increased focus on the regulation of cryptoassets in the UK, law enforcement agencies have carried out unprecedented raids targeting illegally-operated cryptocurrency ATMs.
3 February 2023
What does failure to prevent mean for the accountancy sector?
A comment made by Minister of State for Security Thomas Tugendhat during a debate on the Economic Crime and Corporate Transparency Bill (the Bill) on 25th January has sparked a flurry of media reports and speculation. Tugendhat was confirming that the government supported the inclusion of new corporate criminal offences, based on the failure to prevent (FTP) model, in the Bill.
30 January 2023
Major rise in SARs volume and suspect funds locked – UK FIU report
The latest Annual Report of the NCA’s UK Financial Intelligence Unit (UKFIU), published this week, makes interesting reading. The UKFIU is responsible for receiving, analysing and disseminating intelligence submitted through the Suspicious Activity Reports (SARs) regime and its role is to alert law enforcement agencies, both at home and abroad, to potential instances of money laundering and terrorist financing.
22 December 2022
The Public Sector Fraud Authority: too little, too late?
There is an epidemic of fraud in England and Wales – it now accounts for 40% of all crimes. And that is just the tip of the iceberg: many instances are under reported and under investigated due to limitations in police resources. It’s hoped that a new public sector authority may provide the impetus to tackle this huge burden.