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Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
In previous legal updates we have described how, by the application of the principle of universal jurisdiction, certain offences, which can be broadly categorised as “war crimes”, can be prosecuted in the UK regardless of where they were committed and whether there is any nexus to the UK.
“Not one single country in the world, is corruption-free” according to Transparency International's Corruption Perception Index which was published yesterday. It ranks 168 countries in terms of the perceived levels of public sector corruption. Sixty-eight per cent of countries worldwide have a serious corruption problem. Half of the G20 are among them.
On 15 January, the Court of Appeal decided in favour of the Serious Fraud Office (SFO) to confirm that bribery of foreign officials was illegal prior to 2002 under the Prevention of Corruption Act 1906.
At the end of last year a Memorandum of Understanding (MoU) between the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA) on concurrent competition powers was published. The MoU represents a further stage in the interests of establishing a more effective competition law enforcement system in the UK with its stated purpose being to establish an understanding between the CMA and the FCA. It underlines the CMA’s strategic goal to “extend the frontiers of competition into new areas, including by working with sectoral regulators” and to build a strong dialogue with them. Overall the spirit of co-operation underpins the new concurrency regime as well as the importance of effective communication and sharing resources between the authorities. Eve Giles and Maya Silva examine what the MoU seeks to achieve and what changes it might lead to in practice.
Sharon Burkill
Natalie Cohen
Caroline Sheldon
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