Andreas Hauschild’s extradition from Italy demonstrates the determination of new SFO director Lisa Osofsky to pursue rate-rigging prosecutions, and the “huge advantage” to prosecutors of European Arrest Warrants, said Nick Vamos, a lawyer at Peters & Peters. “After the UK leaves the EU, extradition is likely to be much slower and will depend on knowing a suspect’s location,” he said. “Given that Germany rejected the SFO’s request because the statute of limitations had expired on the equivalent German offence, this would make it far easier for fraud suspects to lay low and run down the clock to avoid justice.” Read more.