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Results: 1-10 of 586

What is a trust or company service provider?
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 15 2008

Following the coming into force of the Money Laundering Regulations 2007 (the Regulations) in December 2007 there was concern as to the scope of "Trust or Company Service Provider"


Shah v HSBC: High Court clarifies bank's duties to customers when making SARs
  • Herbert Smith Freehills LLP
  • 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


Shah v HSBC: what duties do banks owe their customers when making SARs?
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 24 2009

Earlier this year, the High Court considered a claim by a customer against his bank in relation to its failure to process transactions whilst requests for consent under the Proceeds of Crime Act 2002 (POCA) were pending with the Serious Organised Crime Agency (SOCA


Court of Appeal clarifies test for setting aside judgment for fraud
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 12 2017

The Court of Appeal has clarified the test that must be met when seeking to set aside a judgment on the grounds that it was obtained by


The Fraud Act 2006 - the crackdown on fraud continues: no gain, no matter
  • Herbert Smith Freehills LLP
  • United Kingdom
  • January 18 2007

On 15 January 2007 the latest weapon in the fight against Financial Crime came into force in the form of the Fraud Act 2006


Corporate Crime Monthly Update - August 2017 - United KingdomEurope
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • August 14 2017

With effect from 8 August, the Government has introduced significant new reporting requirements in relation to EU asset freeze regimes


Anti-money laundering and anti-bribery systems and controls at asset management firms: FCA thematic review
  • Herbert Smith Freehills LLP
  • United Kingdom
  • December 1 2013

In October 2013, the Financial Conduct Authority (FCA) published the much-anticipated report of its thematic review into anti-money laundering (AML


The DIFC Court opens potential jurisdictional gateways for enforcing decisions of foreign courts whilst questioning the decision in DNB Bank: Bocimar International N.V. v Emirates Trading Agency LLC (CFI 0082015)
  • Herbert Smith Freehills LLP
  • United Arab Emirates, United Kingdom
  • March 1 2016

On 28 January 2016, Bocimar International N.V. (“Bocimar”) obtained an injunction freezing the assets of Emirates Trading Agency LLC (“ETA”) from the


Asia anti-corruption report
  • Herbert Smith Freehills LLP
  • United Kingdom, USA, Vietnam, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Japan, Macau, Malaysia, Mongolia, Myanmar, Pakistan, Bangladesh, Cambodia, China, Hong Kong, India, Indonesia
  • July 19 2012

Welcome to the first edition of our Asia anti-corruption report


New sanctions reporting requirements for non-financial sector businesses
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 14 2017

With effect from 8 August, the Government has introduced significant new reporting requirements in relation to EU asset freeze regimes. Previously