Louise Hodges

Louise represents individuals and companies embroiled in criminal proceedings in the UK.  She was part of the team representing Tesco in the Serious Fraud Office (SFO) criminal investigation and Deferred Prosecution Agreement (DPA).

"Louise Hodges is a lead partner in the firm's internal investigations team and "one of the best around" in the eyes of our sources.... "If you can get her, get her" said one interviewee."

The International Who's Who Legal: Investigations, 2015

Louise is experienced in advising companies and senior management in relation to corporate criminal liability and economic crime. She is experienced in conducting or advising on internal investigations and is part of the Kingsley Napley Corporate Investigations Group. She is frequently represents witnesses being interviewed either by employers or by investigating authorities, including those being compelled to attend interviews.

Louise is well known for representing individuals subject to financial regulatory and/or criminal investigations for market abuse or market misconduct including insider dealing and misleading the market, mainly dealt with by the Financial Conduct Authority (FCA) or the SFO. She co-heads the KN Financial Services Group. 

Louise often advises early in an investigation, aiming where possible to avoid criminal charges and either secure no further action or an alternative regulatory disposal.  She has a track record of securing acquittals at trial.

Her cases frequently have an international dimension, including involving the US Department of Justice (DOJ), Federal Bureau of Investigation (FBI), Securities and Exchange Commission (SEC) and US Commodities Futures Trading Commission (CFTC) as well as many European prosecutors and regulators, including Consob, BaFin, and FINMA, she has been involved in representing individuals in the Libor, Euribor and FX investigations and prosecutions. Louise represents individuals embroiled in HM Revenue and Customs criminal tax investigations. She was part of the team representing Rebekah and Charlie Brooks in the phone hacking trial. 

Louise has public law experience, including the Leveson Inquiry and in the Baha Mousa Public Inquiry.

Louise was the first Chair of the Fraud Lawyers Association (FLA) and is currently the Immediate Past Chair. She was previously the Vice Chair of the European Criminal Bar Association (ECBA) which is a network of European criminal lawyers and is a member of the European Fraud and compliance Lawyers (EFCL).  She was part of a Law Society working group looking at issues of Legal Professional Privilege. In 2018, she gave evidence to the House of Lords (HoL) Bribery Act 2010 Committee and previously gave evidence to the HoL Select Committee on the European Union.

Louise is listed by Who's Who Legal: Business Crime Defence 2020 and is recognised as a Global Elite Thought Leader for both Corporate and Individual Defence. She is also listed in Who's Who Legal Investigations 2020 as a Global Thought Leader.

The “exceptional” Louise Hodges has a “tremendously strong presence in the market” and is “vastly experienced in regulatory and criminal proceedings."

Who's Who Legal: Business Crime Defence 2020

Recent cases

• Part of the team representing Tesco in the SFO investigation.
• Conducting an independent investigation on behalf of an FCA regulated company.
• Advising a company in relation to disclosure requirements in a private prosecution.
• Advising a senior manager with regards to an FCA investigation into Anti Money Laundering systems and controls of a global bank.
• Securing “no further action” in relation to an FCA regulated individual investigated for allegations of not dealing with the regulator in an open and cooperative manner (Principle 4).
• Acting on behalf of a number of individuals in connection with the wide-ranging EURIBOR and LIBOR investigations and prosecutions being conducted by UK and overseas authorities and related regulatory and civil litigation.
• Representing an individual in the global investigation in to mirror trades and anti-money laundering controls at Deutsche Bank.
• Acting for an individual in the US and UK “London Whale” investigation related to JP Morgan.
• Acquittal of Rebekah and Charlie Brooks for offences arising from the investigation in to phone hacking at the News of the World. 
• Assisting a global bank in relation to an internal investigation following leaks of confidential information.
• Advising a regulated company with regard to money laundering disclosure requirements.
• Representing various individuals accused by HM Revenue & Customs of fraudulent evasion of tax in their personal tax affairs.
• Advising individuals in the Davis Inquiry relating to press briefing of information in the FCA's 2014/15 Business Plan.
• Advising witnesses being interviewed either by employers or by investigating authorities using their compulsory powers, in particular the Serious Fraud Office and Financial Conduct Authority.

Professional societies and memberships

• Immediate past chair, Fraud Lawyers Association (FLA)
• Former Vice Chair, European Criminal Bar Association (ECBA)
• Member of the European Fraud and Compliance Lawyers (EFCL)
• Member of the Editorial Board of the New Journal of European Criminal Law (NJECL)
• Financial Services Lawyers Association (FSLA)
• Committee member of City of London Law Society Business Crime Committee.
• Member of The City Law Club.

 

What Clients and the directories say

The doyenne of white-collar crime with real in-depth experience. She is highlighted for her no-nonsense approach and for delivering it straight."

Who's Who Legal: Investigations, 2020

Without a shadow of a doubt she's the best I've worked with. She's extraordinarily hard-working and really experienced. She has impeccable judgement and she's very level-headed."

Chambers UK 2020 - A Client's Guide to the UK Legal Profession

 

Louise Hodges stands out for her experience, grasp of broader strategic issues and the practical advice she gives clients caught up in complex litigation."

Legal 500 UK 2020

Louise Hodges is a wise counsellor and a source of great tactical awareness in cases."

Legal 500 UK 2020

Whenever we have a conflict situation, we will refer to Louise. She is very strong on the tactical side; she impressed us with her ability to see through the swirl of details and allegations and come up with a precise strategy in a compressed timeframe."

Chambers High Net Worth Guide 2020

Unflappable and hugely experienced. She understands how every inch of the City works."

Chambers UK 2020 – A Client’s Guide to the UK Legal Profession

Louise Hodges is universally respected in this field."

Legal 500 UK 2020

A real leader in this space and a complete specialist for this work."

Chambers High Net Worth Guide 2020

A very thoughtful and insightful leader of the team."

Chambers UK 2020 – A Client’s Guide to the UK Legal Profession

She is phenomenally bright and very experienced in dealing with financial crime - she's not pompous but is grounded and tactically astute."

Chambers & Partners, High Net Worth Guide, 2019

She is one of the best solicitors out there and a joy to work for as a barrister."

Chambers & Partners, High Net Worth Guide, 2019

A formidable lawyer that adds depth to the firm."

Chambers and Partners, High Net Worth Guide, 2019

Comes “highly recommended” by market commentators, particularly for her excellent work representing individuals in relation to major FCA and SFO investigations."

Who’s Who Legal , Investigations 2018

Experienced and quick on her feet" and say: "She really is fantastic.""

Chambers and Partners, 2018

Extraordinarily hard-working, she is extraordinarily knowledgeable, very grounded and pragmatic."

Chambers and Partners, 2018

The ‘first choice for traders and other regulated persons who find themselves in the line of fire’. "

Legal 500, 2017

Blessed with ‘extraordinary emotional intelligence’,"

Legal 500, 2017

Is able to appreciate the finer points of corporate crime and FCA regulation, is very efficient and has very good judgement."

Chambers and Partners, 2017

" highly rated white-collar crime specialist with an “absolutely terrific practice” focusing on SFO, FCA, COLP and HMRC investigations and proceedings."

Who’s Who Legal and GIR top lawyers for internal /external investigations, 2017

Thank you for your flawless handling of the FCA and your kind support. I think it’s greatly thanks to you that I still work in finance today. "

Client

The ‘first choice for traders and other regulated persons who find themselves in the line of fire’. "

Legal 500, 2017

Blessed with ‘extraordinary emotional intelligence’,"

Legal 500, 2017

Is able to appreciate the finer points of corporate crime and FCA regulation, is very efficient and has very good judgement."

Chambers and Partners, 2017

A highly rated white-collar crime specialist with an “absolutely terrific practice” focusing on SFO, FCA, COLP and HMRC investigations and proceedings."

Who’s Who Legal and GIR top lawyers for internal / external investigations, 2017

Fabulous."

Chambers UK, 2017

Hugely knowledgeable with all of the criminal law experience you would hope for." 

Chambers UK, 2017

Very strong on client relationships and a good tactician." 

Chambers UK, 2017

..".The 'absolutely superb' Louise Hodges receives praise from market sources regarding her representation of individuals on contentious FS matters, which often draws upon her broader criminal expertise. Interviewees note in particular that she is"incredibly responsive and extremely thorough," and appreciate that "she will consider an issue from every angle..."

Chambers UK, A Clients Guide to the UK Legal Profession

Louise Hodges is a "market leader", praised by her clients and peers alike for her "calm, insightful and effective counsel" in relation to FCA, SFO and HM Revenue and Customs investigations."

Who’s Who Legal Investigations

Hugely respected and admired" by peers and clients alike...one of the best out there, especially when it comes to cross-border cases....she is excellent to deal with."

Who's Who Legal Business Crime Defence 2017: Analysis

A go-to for individuals under suspicion of fraud and business-related criminal proceedings. Sources say: "She's phenomenally hard-working, very personable and great with clients. She has good judgement and is not unrealistic in assessment of the case."

Chambers UK, A Clients Guide to the UK Legal Profession

 

Publications, press highlights, Speaking Engagements & Blogs

• Brexit deal: UK takes step back in cross border enforcement - Quoted in GIR, January 2021
• Corporate criminal liability reform, the pressure is on the Law Commission as MPs express their frustration at delay - January 2021
• FCA sets expectations for firms to record communications when working from home - January 2021
• Corporate Crime & Investigations Insights Podcast: Episode 2, Deferred Prosecution Agreements, Part 2 - December 2020
• Reform of corporate liability: two ways about it - Wrote for PLC Magazine, December 2020
• Corporate criminal liability review could yield radical and seismic changes - Quoted in GIR, November 2020
• The SFO's confirmation of a DPA in principle with Airline Services Ltd illustrates the balance between confidentiality and transparency in the DPA process - October 2020
• Corporate Crime & Investigations Insights Podcast: Episode 1, Deferred Prosecution Agreements - September, 2020
• SFO struggles to process evidence during the pandemic - Quoted in Financial Times, May 2020
• Worth of the Bribery Act under scrutiny - Quoted in The Times, April 2020
• Fraud in time of COVID-19 - The law enforcement response - April 2020
• COVID-19: 'Remote' justice update - Quoted in New Law Journal, March 2020
• Listed as a Global Elite Thought Leader in Who's Who Legal: Investigations 2020
• EU Data Privacy Laws Pose Disclosure Risks In Fraud Probes - Quoted in Law360, February 2020
• SFO guidance on co-operation: more carrot than stick? - PLC Magazine, August 2019 
• Quoted in CityAm, The Law Society Gazette & Police Professional following the announcement of the Prime Minister's crackdown on crime, the UK prosecutor would be handed an extra £85m in funding.
• Provided comment in GIR, Law360, 2nd Law360 article, CRD & The Law Society Gazette following the Serious Fraud Office releasing its co-operation guidance, August 2019.
• Quoted in  Financier Worldwide, Perils of self-reporting, July 2019
• Quoted on Law360, 4 Takeaways From UK Review Of Mostly Untested Bribery Law, March 2019
• Quoted on Law360, 4 Tips For Lawyers Working On Internal Investigations, March 2019
• Quoted in The Times, Brexit ‘will slow bribery policing’, March 2019
• Louise spoke on a panel at the Financial Services Regulation & Disputes Summit, February 2019
• Louise gave evidence to House of Lords Bribery Act 2010 Committee on 6 November, November 2018
• Quoted in The Law Society Gazette, ‘Big boys play by different rules’, anti-bribery probe hears, November 2018
• Listed as a Global Elite Thought Leader in Who's Who Legal: Business Crime Defence 2018
• Quoted in The Times, Insider dealing has gone on unpunished, lawyers claim, January 2018
• Featured in The Brief with Eve Giles, White collar crime duo hits the City, January 2018
• Listed as a Thought Leader under both corporate and individual defence in Who's Who Legal Business Crime Defence 2017 Analysis, September 2017
• New anti-money laundering regulations: as risk-based, Louise Hodges and Jonathan Grimes write for PLC Magazine, 1 August 2017
• What's New With Anti-Money Laundering Compliance in UK by Louise Hodges - Law360, 3 July 2017 
• Quoted by Richard Crump, Law 360,  UK Law To Fight AML, Terrorist Financing Comes Into Force, June 2017
• Quoted by Commercial Dispute Resolution (CDR), Not just a cosy fireside chat, June 2017
• Quoted by Max Walters, Law Gazette, Law Society slams SFO 'restrictions' on representation, May 2017
• Quoted by Mark Taylor, Law 360 UK, Never Mind the Brexit: FCA Sets Real Priorities For the City, April 2017
• Enforcement procedures remodelled by Jonathan Blunden and Louise Hodges - Compliance Monitor, April 2017
• Quoted by Mark Taylor,  Law 360 UK,UK Financial Crime Crackdown Hints At US-Style Prosecution, January 2017 
• Quoted by New Law Journal,  Evidence calls for corporate crime crackdown, January 2017 
• Quoted by Waithera Junghae, Global Investigations Review, UK examines case for expanding corporate criminal liability to economic crime, January 2017 
• Quoted in Solicitors Journal, Lawyers split over consultation on reform of corporate crime, January 2017 

Publications

• The Practitioner's Guide to Global Investigations 4th Edition, chapter on Witness Interviews: The UK perspective. With Caroline Day. Published February 2020.
• The Practitioner's Guide to Global Investigations 3rd Edition, chapter on 'Witness Interviews: The UK perspective. With Caroline Day. Published February 2019.
• The Practitioner's Guide to Global Investigations 2nd Edition, chapter on 'Witness Interviews: The UK perspective. With Caroline Day. Published February 2018.
• Gentle & Hodges: 'Kingsley Napley: Serious Fraud Investigations & Trial' 4th Ed Lexis Nexus Butterworths April 2009
• Contributor to policy papers and consultations on behalf of the Fraud Lawyers Association (FLA), the Law Society, the European Criminal Bar Association (ECBA), the London Criminal Courts Solicitors Associtiation (LCCSA) and Kingsley Napley. Topics include SFO informal consultation on role of solicitors in s2 (compelled) interviews, HMRC consultation on tax offences, SFO/CPS consultation on the code of practice for deferred prosecution agreements,  EU proposals on evidence gathering and admissibility, e-Justice, European Arrest Warrant, Fraud and Regulatory Offences.
• Contributing Editor to the New Journal of European Criminal Law (NJECL)

 

Further information

• Listed in the Who's Who Legal: Thought Leaders Global Elite 2020 for Business Crime Defence and Investigations - a highly select group of individuals. 
• Listed in the Who’s Who Legal: Global Elite Thought Leaders listings for both Corporate and Individual Defence 2018 - a highly select group of individuals.
• Listed by Who's Who Legal: Business Crime Defence, Most highly Regarded, Corporate Defence and Individual Defence
• Listed by Who's Who Legal as a 'Thought Leader' 2017
• Listed in Global Investigations Review (GIR) Top 100 Women in Investigations Lawyers 2015
• Listed in directories including Chambers, International Who's Who, Legal 500
• Listed in The Lawyer's 2012 Hot 100 Lawyers
• Regularly invited to expert meetings by the European Commission, European Parliament and NGOs in relation to Criminal Justice in Europe
• Has given evidence to the House of Lords European Union Select Committee