News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
After several states in the U.S. and Canada legalized cannabis and cannabis derivatives over the last few years, the legalized cannabis industry in North America has managed to attract investment from the UK.… Continue Reading
It is refreshing that a convicted fraudster, who is already serving a custodial sentence for his original crime, has had his sentence increased due to his failure to repay millions of dollars to his victims.… Continue Reading
For the first and certainly not the last time, I recently flipped through Corruption and Misuse of Public Office. Published by Oxford University Press UK, its authors are four practitioners and a professor (my colleague at the International Anti-Corruption Academy, John Hatchard).… Continue Reading
The Criminal Finances Act (CFA) was enacted in the UK in 2017. On January 31, 2018, the parts of the CFA dealing with Unexplained Wealth Orders (or UWOs) came into force.… Continue Reading
In April 2017, the United Kingdom enacted the Criminal Finances Act which has created substantial new scopes of liability for companies engaging in business abroad.
Section 13 of the CFA expands the scope of the Proceeds of Crime Act to cover the international commission of gross human rights abuses against whistleblowers and human rights activists.… Continue Reading
UK Prime Minister David Cameron has said corruption adds 10 percent to business costs globally.
In Malta late last year, Cameron urged Commonwealth leaders to clamp down on graft, saying: “Corruption wrecks economies, prevents development, and corrodes our societies.… Continue Reading
The circumstances in which a money laundering offense may also constitute a substantive criminal offense was the subject of a UK Supreme Court decision last week.
A copy of the Supreme Court’s opinion in R v GH [2015] UKSC 24 is here.… Continue Reading
Undoubtedly, the most helpful decision this year for UK-based white collar crime lawyers was a tax related case in which the Supreme Court refused to extend legal advice privilege “LAP” to other professionals by reference to a legal function test.… Continue Reading
The U.K. Serious Fraud Office is ‘completely revising’ the panel of outside lawyers it works with on big cases.
It is looking for up to 35 Queen’s Counsel and 75 junior counsel for prosecution panels, and up to 10 QCs and 60 junior counsel for proceeds of crime panels.… Continue Reading
The U.K. Serious Fraud Office isn’t making any promises to self-reporting companies.
They might still be prosecuted — ‘each case turns on its own facts.’
And even if there’s no prosecution under the Bribery Act, the SFO reserves the right to bring an action under the Proceeds of Crime Act.… Continue Reading