United Kingdom - February 23 2012 Following the collapse of some high profile cases, Dominic Grieve, the Attorney General, has ordered an inquiry to review the SFO’s casework and broader issues, including how the SFO chooses which cases to investigate.
United Kingdom - February 3 2012 If you honestly believe that information given to you is not inside information but the FSA thinks your belief is unreasonably held, then you lay yourself open to sanctions for market abuse, notwithstanding that you have no intention to commit market abuse.
United Kingdom - January 17 2012 When Mabey & Johnson Limited’s parent received a dividend, little did it think that it would be vulnerable to civil recovery following the conviction of its subsidiary’s employees for corruption and breaches of UN sanctions.
United Kingdom - January 11 2012 The recent OFT Code of Practice on the conduct of its Anti Money Laundering (AML) visits is a timely reminder to agents that not only are you obliged to comply with the Money Laundering Regulations 2007 (the Regulations) but also that you may be subject to inspection by the OFT in relation to your level of compliance, and that there are both civil and criminal sanctions for noncompliance.
United Kingdom - December 12 2011 In furtherance of its statutory objective to reduce financial crime, on Friday the FSA has published a policy statement on financial crime - PS11/15 (the Guide) which has immediate effect.