Tag Archives: Corruption
Anti-money laundering and anti-bribery systems and controls at asset management firms: FCA thematic review
In October 2013, the Financial Conduct Authority (FCA) published the much-anticipated report of its thematic review into anti-money laundering (AML) and anti-bribery and corruption (ABC) systems and controls at asset management and platform firms. The report follows the FSA/FCA’s previous … Continue reading
The Serious Fraud Office (“SFO“) had its first day in court in a Bribery Act prosecution on 24 September 2013, with three of four defendants connected with a £23m fraud at Sustainable AgroEnergy plc (“AgroEnergy“) facing charges of making and … Continue reading
The European Parliament and Council of Ministers have agreed the final form of the new EU rules for the disclosure, on a project by project basis, of payments to governments by companies operating in the extractive industries. The EU’s agreement … Continue reading
Daniel Hudson, Karen Anderson Jeremy Sher and Richard Wright comment on recent developments concerning the EU sanctions regimes applying to Myanmar (Burma), North Korea, Syria and Libya.
In our earlier briefing we reported on the Government’s consultation to introduce Deferred Prosecution Agreements (“DPAs”) – a new mechanism for addressing criminal conduct by commercial organisations. On 23 October, the Ministry of Justice published its Response to that Consultation … Continue reading
On 17 May 2012 the Ministry of Justice published a consultation paper ‘Consultation on a new enforcement tool to deal with economic crime committed by commercial organisations: Deferred prosecution agreements‘. The paper proposes – as an alternative to the current … Continue reading