Reputational concerns and the growing focus of financial regulators on money laundering and counter-terrorist financing (CTF) are starting to have an impact on how non-regulated sectors of the economy view and address these...more
The UK saw its first use of an Unexplained Wealth Order (UWO) in February 2018 when the NCA successfully imposed orders on two UK properties, one in the exclusive Knightsbridge area of London and the second, a golf course in...more
The UK’s Financial Conduct Authority (FCA) has secured confiscation orders totalling GBP1.69m as part of Operation Tabernula – the FCA’s longest-running and most complex insider trading case. ...more
NCA v N and Royal Bank of Scotland plc [2017] EWCA Civ 253, 7 April 2017 -
The courts can side step the Proceeds of Crime 2002 (POCA) consent regime (whereby consent from the National Crime Agency provides a defence to...more
In this decision report, we consider the FCA’s decision notices issued to the former chief executive, sales director and compliance officer of Keydata Investment Services Ltd in connection with the sale of structured...more