Blog
Keeping the peace at Christmas – top tips for shared parenting over the festive season
Lauren Evans
22 March 2023
Greenwashing: Another key factor in the year ahead
A recent special Fraud and Financial Crime report produced by Raconteur and published in The Times* included an article exploring why this year, 2023, “could prove to be a pivotal year for anti-fraud regulation”. The points to look out for included the significant changes to the criminal law which look set to be brought about by way of the Economic Crime and Corporate Transparency Bill (in particular the creation of at least one new ‘failure to prevent’ fraud offence), reforms to Companies House, enhanced transatlantic cooperation on the transfer of data, and plans to regulate the crypto sector.
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.
