Herbert Smith Freehills LLP | United Kingdom | 10 Oct 2012
The Wheatley Review of LIBOR, which was commissioned by HM Treasury to review the London Inter-Bank Offered Rate, has issued its final report.
Herbert Smith Freehills LLP | Australia, European Union, United Kingdom, etc. | 5 Sep 2012
The SFO has announced that Paul Jennings, former CEO of Innospec Ltd, has pleaded guilty to one charge of conspiracy to corrupt Iraqi public officials and other agents of the Iraqi Government.
Herbert Smith Freehills LLP | Global, United Kingdom, USA | 15 Jun 2012
The Ministry of Justice (MoJ) has published a consultation on proposals to introduce a new enforcement tool: Deferred Prosecution Agreements (DPA).
Herbert Smith Freehills LLP | United Kingdom | 22 May 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.
Herbert Smith Freehills LLP | United Kingdom, USA | 4 May 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.
Herbert Smith Freehills LLP | United Kingdom | 15 Nov 2011
In civil recovery proceedings, the Court was permitted to adopt a civil standard of proof (on the balance of probabilities) as opposed to adopting the criminal standard (beyond reasonable doubt).
Herbert Smith Freehills LLP | United Kingdom | 15 Nov 2011
The Court of Appeal in the latest instalment of this long running dispute found that the identity of employees making money laundering reports can be redacted when disclosing documents in litigation.
Herbert Smith Freehills LLP | United Kingdom | 24 Oct 2011
This ruling is the latest development in the ongoing Shah v HSBC saga, proceedings brought by Mr Shah and his wife, two Zimbabwean-based customers of HSBC Private Bank (UK) Limited ("HSBC"), for losses allegedly caused as a result of delays whilst HSBC's requests for consent under the Proceeds of Crime Act 2002 ("POCA") were pending with the Serious Organised Crime Agency ("SOCA").
Herbert Smith Freehills LLP | United Kingdom | 3 Jun 2010
On 28 May 2010, Southwark Crown Court ordered Nigel Thorne to pay £198,090.
Herbert Smith Freehills LLP | United Kingdom | 13 Apr 2010
On 26 March 2010, Lord Justice Thomas handed down a sentencing judgment for Innospec Limited, which had pleaded guilty to charges of conspiracy to corrupt.