SFO discontinues Tchenguiz investigation *

United Kingdom - October 29 2012
On 15 October the SFO announced that it was discontinuing its investigation of Robert Tchenguiz.

Co-authors: Harriet Territt, Craig C. Shuttleworth, Barnaby C. Stueck , Glyn Powell , Michael Brown.

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SEC pays $50,000 in first Dodd-Frank whistleblower reward *

USA - October 29 2012
The SEC awarded $50,000 to a whistleblower in its first payout from the program started in August 2011 to reward individuals who provide the regulator with evidence of securities law violations which result in sanctions of more than $1 million.

Co-authors: Harriet Territt, Craig C. Shuttleworth, Barnaby C. Stueck , Glyn Powell , Michael Brown.

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Tracey McDermott appointed director of FSA's enforcement and financial crime division *

United Kingdom - October 29 2012
Ms McDermott had been the acting head of enforcement and financial crime since April 2011 when she took over from her predecessor Margaret Cole.

Co-authors: Harriet Territt, Craig C. Shuttleworth, Barnaby C. Stueck , Glyn Powell , Michael Brown.

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New financial conduct authority head calls for criminal sanctions against those who manipulate LIBOR *

United Kingdom - October 29 2012
In a speech delivered on 28 September Martin Wheatley called for a legislation which would criminalise manipulation of LIBOR.

Co-authors: Harriet Territt, Craig C. Shuttleworth, Barnaby C. Stueck , Glyn Powell , Michael Brown.

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Legal aid changes will hit privately funded individuals and corporates facing prosecution *

United Kingdom - October 29 2012
Planned changes, now due to take effect in April next year, will impact privately paying defendants facing criminal prosecution in the UK.

Co-authors: Harriet Territt, Craig C. Shuttleworth, Barnaby C. Stueck , Glyn Powell , Michael Brown.

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