Article
Bright Line Law | OECD, United Kingdom, USA | 24 Feb 2021
Recent reform of anti-money laundering law in the US has implications for the UK. Foreign bank account subpoenas and cross-border SAR…
Article
Bright Line Law | United Kingdom | 5 Feb 2021
One of the most difficult aspects in the application of the reporting obligation in some AML cases is the determination of whether a person…
Article
Bright Line Law | United Kingdom | 22 Jan 2021
Circumvention offences establish criminal liability for breaches of financial sanctions. The potential engagement of the circumvention offences…
Article
Bright Line Law | United Kingdom | 14 Dec 2020
Rachel Clark considers whether draft new regulations requiring scrutiny of pre-pack sales to connected parties will be enough to prevent…
Article
Bright Line Law | United Kingdom | 23 Nov 2020
The wrongful trading suspension ended on 30 September 2020 and it is important that company directors keep in mind the offence in section…
Article
Bright Line Law | European Union, United Kingdom | 6 Nov 2020
The recent Financial Conduct Authority (FCA) ban on crypto-derivatives trading to retail consumers sent waves of commentary through the…
Article
Bright Line Law | European Union, United Kingdom | 27 Oct 2020
Anita Clifford considers the scope for enforcement of OFAC designation against UK persons. In certain scenarios, a US sanction will…
Article
Bright Line Law | United Kingdom | 22 Oct 2020
As the UK reporting deadlines fast approach, Rachel Clark examines the new obligations to report arrangements under ‘DAC 6’, and what this…
Article
Bright Line Law | United Kingdom | 1 Oct 2020
Training is a requirement under the UK Money Laundering Regulations but the wording leaves wide scope for interpretation. Jonathan Fisher…
Article
Bright Line Law | United Kingdom | 17 Sep 2020
Speed read: Fraud on employee support schemes is a focus for enforcement authorities in the United Kingdom, Australia and Canada. Anita Clifford…