At the start of the new year, an unfortunate and dispiriting reality is starting to dawn: 2022 was the UK’s ‘Year of Fraud’. From headlines of the UK government having lost £16 billion to Covid 19 fraud, to the shocking truth that only one in every 1,000 criminal complaints for fraud results in a conviction, […]
Following the collapse of the FTX exchange, the government’s proposals to regulate cryptoassets has become even more relevant. This article analyses the proposed regulatory changes and their potential impact on market actors involved in the crypto sphere. Proposed amendments HM Treasury and the Financial Conduct Authority (FCA) have indicated that the increase in retail investors’ […]
Lawyers are taught rules and procedures while studying the law, which is essential to achieving optimal legal outcomes, but academic study does little to prepare them for how these outcomes can be meaningfully affected by the use of legal technology. Edward Irwin spoke to CS Disco, as part of a blog series on how technology […]
The recent spectacular demise of the FTX cryptocurrency exchange and the arrest of its CEO Sam Bankman-Friedman have been all over the news in recent weeks. The downfall of FTX, which at one point was valued at $32 billion and used by over a million people, has shaken the industry and led to a host […]
In November, the Law Commission released reforms, proposing to overhaul the system to recover the proceeds of crime. The reforms are the result of a review commissioned by the Home Office and, if adopted, would enhance enforcement powers and could lead to a lot of of money being recovered from offenders every year. In this […]
Update: this event is now at capacity. Please contact events@petersandpeters.com to be added to the waitlist. To ring in the New Year, the Association for Women In Cryptocurrency (AWIC) will be having a networking breakfast, sponsored by Peters & Peters, TRM Labs and the London Business School Blockchain Society, featuring Mikaela Jackson, the […]
Our Head of Business Crime, Nick Vamos, speaks to Sky News about the sentence of eight months in prison suspended, handed down to US government employee Anne Sacoolas in London on 9 December 2022. https://www.youtube.com/watch?v=mgyICmox1p8 Nick, who represented the family of Harry Dunn, killed by Mrs Sacoolas in a dangerous driving incident, told Sky […]
Amendments to the Economic Crime and Corporate Transparency Bill may prove to be a breakthrough in the stalemate over the reform of corporate criminal liability. The proposed amendments were put forward by Dame Margaret Hodge to the Public Bill Committee on Thursday 24 November 2022. If adopted in this form, they would fundamentally change the […]
Last week, two women who had accused financier Jeffrey Epstein of sexual abuse filed lawsuits in the US against JP Morgan Chase and Deutsche Bank, alleging the banks had ignored suspicious withdrawals from his accounts and payments. The lawsuits ultimately accuse the banks of aiding and facilitating Epstein’s conduct. Would such a lawsuit be possible […]
Changes to the Financial Services and Markets Act 2000 may mark a turn for crypto regulation in the UK. Could UK regulation soon rival the EU’s Markets in Crypto-Assets Regulation (MiCA)? Peter FitzGerald and Amalia Neenan write in CityAM.
