Welcome to the November 2020 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. Read more

On 18 September 2020, the Securities and Futures Commission (SFC) commenced a three month consultation on a wide range of proposed changes to its Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations) (Guideline) and the Prevention of Money Laundering and Terrorist Financing Guideline issued by the SFC for Associated Entities (AE Guideline). Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for October 2020. Read more

On 7 September 2020, Lisa Osofsky, the Director of the Serious Fraud Office (SFO), delivered a keynote address at the Cambridge International Symposium on Economic Crime. In light of Covid-19, this year’s speech was delivered virtually, via YouTube. In her speech, Ms Osofsky re-examined the four key priorities that she outlined at her first address to the Cambridge International Symposium on Economic Crime in 2018 and referred to a number of new developments which she said would affect the SFO’s future work. Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for September 2020. Read more

Welcome to the August 2020 edition of our corporate crime update - our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Read more

On 17 July 2020, Mr Justice William Davis approved the UK’s eighth deferred prosecution agreement (“DPA”) between the UK Serious Fraud Office (“SFO”) and G4S Care and Justice Services (UK) Limited (“G4S C&J”), a wholly-owned subsidiary of G4S plc. Read more

On 15 July 2020, the Monetary Authority of Singapore (MAS) published a guidance paper which sets out MAS’ supervisory expectations of sound practices where anti-money laundering/countering financing of terrorism (AML/CFT) control functions are outsourced. Read more