With the National Crime Agency having just begun its second case involving unexplained wealth orders (UWOs), Aziz Rahman of business crime solicitors Rahman Ravelli wonders just how many more will follow. “Unexplained wealth orders have the potential to significantly reduce the appeal of the UK as a destination for illicit income. They enable the UK […]
Following the Court of Justice of the European Community’s (CJEU) recent decision to support HMRC’s view in its case against the University of Cambridge, Sue Rathmell, VAT Director at MHA MacIntyre Hudson, comments that charities need to move quickly to assess the impact on their finances. “The decision of the CJEU in the case of […]
In May this year, popular restaurant Jamie’s Italian went into administration, hundreds lost their jobs and around 25 restaurants shut their doors to the public.
While the fall-out from the Danske Bank money laundering scandal continues at pace, it is far from clear at this stage just where the repercussions will end.
How is corrupt behaviour usually detected? Corrupt behaviour is usually revealed as a result of the obligations placed on financial services businesses and professional services firms to report suspicious activity. This is encouraging because the increasing frequency of revelations of suspicions of bribery and corruption suggests that the legislation designed to combat money laundering is […]
Over recent years, banks and financial institutions have begun to increasingly rely on technology. With this, consumers expect banks to keep their data secure and the way banks manage cybersecurity threats and breaches is constantly in the spotlight.
With Brazil being the seventh biggest economy in the world with a GDP of USD 2.3 trillion, it is no surprise that investors are more interested in expanding outside their jurisdiction.
Recently released reports on the Bribery Act 2010 and by the Office for Professional Body Anti-Money Laundering Supervision (‘OPBAS’) have given contrasting assessments of the performance of two keystones in the fight against financial crime and corruption.
Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent
