Corporate crime update *

Global, United Kingdom, USA - June 15 2012
The Ministry of Justice (MoJ) has published a consultation on proposals to introduce a new enforcement tool: Deferred Prosecution Agreements (DPA).

Co-authors: Sehar Ali-Noor, Graham More, Susannah Cogman, Nichola Peters.

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Shah v HSBC: High Court clarifies bank's duties to customers when making SARs *

United Kingdom - May 22 2012
The High Court has clarified the extent to which banks are required to disclose information to their customers about whom they have made money laundering disclosures or have obligations to such customers which could expose them to liability in the event that the banks' money laundering disclosures causes loss to those customers.

Co-authors: Graham More, Susannah Cogman, Stephen Flaherty, Nichola Peters.

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Market abuse/insider dealing/FSA enforcement *

United Kingdom, USA - May 4 2012
The SEC has secured a substantial settlement from three men involved in an insider trading case brought against a corporate lawyer, a middle man and a Wall Street trader.

Co-authors: Sehar Ali-Noor, Graham More, Susannah Cogman, Nichola Peters.

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Fraud, bribery and corruption *

United Kingdom, USA - May 4 2012
David Green CB QC has started his role as the new Director of the SFO.

Co-authors: Sehar Ali-Noor, Graham More, Susannah Cogman, Nichola Peters.

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Terrorist financing/sanctions/money laundering *

European Union, Global, Guernsey, Malta, United Kingdom, USA - May 4 2012
HM Treasury has issued a supplement to its Notice on Iran (nuclear proliferation) dated 26 March 2012.

Co-authors: Sehar Ali-Noor, Graham More, Susannah Cogman, Nichola Peters.

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