Welcome to the Winter 2021 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
We are pleased to announce the launch of our Global FSR Outlook 2022. In this annual publication, our FSR team surveys the regulatory landscape for 2022 and identifies themes that we expect to be at the core of regulatory priorities globally over the next 12 months.
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 December 2021 and January 2022. Read more
We are delighted to announce the programme for Herbert Smith Freehills' Eighth Annual Corporate Crime and Investigations Conference on 30 November 2021. 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 November 2021. Read more
In the next in our series of detailed briefings on proposed changes to the EU and UK anti-money laundering and countering the financing of terrorism ("AML/CFT") regimes, we consider the proposed changes to customer due diligence ("CDD") measures, as set out in the EU's recent AML reform package. Read more
On September 21, 2021, the Office of Foreign Assets Control (“OFAC”) of the Treasury Department issued an Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments (“Updated Advisory”), which warns of the sanctions risks of making or facilitating ransomware payments and provides expanded guidance on steps that companies may take to mitigate ransomware risk. Read more