12/10/2025 7:33:57 PM Fine by me: could a small sanction for a breach of the SFO’s Section 2 Notice fail to deter non-compliance? By Macfarlanes At the end of January 2020, the UK courts convicted an individual of failing to comply with the terms of a “Section 2 Notice” issued...
12/10/2025 7:29:41 PM All-in: UK Gambling Commission issues record fine over money laundering failures By James Reid The UK Gambling Commission has issued a record £13m fine against Caesars Entertainment (Caesars) for a series of money laundering and...
12/10/2025 7:28:35 PM Covid-19: Warning - Cybercrime and fraud are on the rise By Francis Bond The UK’s top law-enforcement agencies have warned that companies could face increased cybercrime and fraud as a result of the Covid-19...
12/10/2025 7:28:12 PM Bribery Act 2010: 10 years in numbers By James Reid 10 years after it received royal assent, a recent freedom of information request has shed some light on the consequences of the Bribery...
12/10/2025 7:27:40 PM Covid-19 financial crime is a global challenge By Francis Bond The surge in Covid-19 related financial crime necessitates an urgent international response, a leading banking association has said. We...
12/10/2025 7:24:42 PM Case closed: Financial Reporting Council ends investigation into Tesco accountants By James Reid The Financial Reporting Council (FRC), the audit watchdog, has announced that it is dropping its investigation into several Tesco...
12/10/2025 7:19:14 PM SFO uses its first listed asset order By James Reid On Wednesday the Serious Fraud Office (SFO) announced that it had used its first listed asset order (LAO) to seize £500,000 of jewellery,...
12/10/2025 7:18:09 PM OFSI releases annual review citing largest financial sanctions penalty in UK history By Macfarlanes On 9 October, the Office of Financial Sanctions Implementation (OFSI) released its annual review for the financial year ending 2020,...
12/10/2025 7:16:47 PM Corporate criminal liability: Law Commission to examine reform By Francis Bond The Law Commission will begin a review of the UK’s corporate criminal liability legislation, after the Government instructed the body to...
12/10/2025 7:13:08 PM Anti-money laundering teams take note: the UK publishes its national risk assessment for money laundering By Macfarlanes The UK Government has published its third National Risk Assessment of money laundering and terrorist financing (NRA). This should be of...
12/10/2025 7:11:06 PM Big fraud: FCA proposes regulation of tech giants in relation to financial scams By James Reid Lorna Emson On Monday the Financial Conduct Authority (FCA) released its review of consumer investments data for 2020 (the Review). In the Review the...
12/10/2025 7:03:24 PM Conviction and collapse: a mixed week for the SFO By Lorna Emson James Reid On Wednesday the Serious Fraud Office (SFO) announced that it had secured a corporate conviction against GPT Special Project Management...
12/10/2025 6:57:28 PM A new FCA Technical Note for cannabis-related businesses listing in the UK By Macfarlanes The Financial Conduct Authority (FCA) has published a Primary Market Technical Note to give further guidance for cannabis-related...
12/10/2025 6:55:20 PM A prosecutor’s dozen: the SFO announce 11th and 12th DPAs By Macfarlanes The Serious Fraud Office (SFO) has entered into two new deferred prosecution agreement (DPAs), taking the total number entered into to 12...
12/10/2025 6:48:28 PM “Now is the time to get the house in order”: US Department of Justice prepares to launch corporate crime crackdown By Macfarlanes The US Department of Justice (DoJ) is preparing for an imminent crackdown on corporate crime, warning companies that they must get their...
12/10/2025 6:46:16 PM An unappealing position: lack of clarity in Dunsby v HMRC on when permission to appeal is required By Sophie Rhind The recent Upper Tribunal (UT) case of Dunsby v HMRC [2021] UKUT 0289 (TCC) has raised again the issues that parties face when appealing...