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Private prosecutions – A route to justice for the charity sector
Sophie Tang
Market Abuse Regulation (Regulation 596/2014) (MAR) sets out a new regime for tackling unlawful behaviour” in financial markets. This EU Regulation will apply from 3 July 2016 and covers insider dealing, market manipulation and the improper disclosure of inside information.
The Home Office published two draft Codes of Practice for the police relating to the extradition process on 2nd of November. A new code in relation to transit cases is presented alongside revised codes that governs the exercise of police powers in extradition cases. The Home Office seeks views on whether the draft codes are correct and applicable for operational demands, while protecting the rights of individuals sought for extradition.
Tracey McDermott, Acting Chief Executive of the FCA, and Andrew Bailey, Chief Executive Officer of the PRA spoke at the City Banquet at Mansion House on 22 October. Both used their speeches to reflect on the work done by their respective agencies, and to outline priorities for the future.
As predicted by my colleague Jonathan Grimes last week, the new definitive sentencing guideline on corporate manslaughter, health and safety and food safety (published today and effective in any case sentenced on or after 1 February 2016), allows for significantly greater fines to be imposed on convicted companies.
The Justice Select Committee is holding an inquiry into the effects of the fees and charges introduced by the coalition government.
Kingsley Napley has provided a written submission to the committee. This is a summary of our evidence.
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