In a somewhat defensive statement, the Competition and Markets Authority (CMA) confirm that two defendants were acquitted by a jury after a prosecution under section 188 of the Enterprise Act 2002. (CMA statement following completion of criminal cartel prosecution – News stories – GOV.UK.)
Transparency International have published an interesting new report: Empowering the UK to recover corrupt assets: Unexplained Wealth Orders and other new approaches to illicit enrichment an…
It addresses the ongoing problem of corrupt wealth being laundered through the UK.
The Directive will come into force on 26 June 2015. Continue reading
One of the most high profile corruption investigation of all time kicked off yesterday, with arrest of several FIFA officials in Switzerland pursuant to a request from the US.
There were no surprises in the Queen’s speech yesterday, but some significant developments for the world of business crime.
Ben Morgan, the joint head of Bribery and Corruption at the Serious Fraud Office gave a speech to the Global Anti-Corruption and Compliance in Mining Conference on 20 May 2015. The speech did not make a radical departure from the public comments of other senior SFO officials, with a focus on co-operation and self reporting. The issue of whether co-operation includes a waiver of LPP was not addressed directly, but the message seemed pretty clear. Continue reading
Firstly, the Financial Conduct Authority continue their run of successful insider dealing prosecutions under Operation Tabernula.