In this article for Thomson Reuters Regulatory Intelligence, Jonathan Tickner and Caroline Timoney discuss the first and second Economic Crime Bills. The first received Royal Assent in March 2022 and the second was announced in the Queen’s speech in May. The article outlines the history behind each bill, what they cover and why two […]
Today, the Law Commission published its long-awaited paper on the potential reform options for the laws in England and Wales on corporate criminal liability. The Commission’s approach represents a constructive balance, exploring options for ensuring that companies can be held responsible for wrongdoing while seeking to avoid imposing unreasonable economic, regulatory or legal burdens. […]
On 26 May, Michael O’Kane, Senior Partner at Peters & Peters, was interviewed by the College of Law Australia, alongside Olivia Kung, Partner at Wellington Legal, Ross Dakin, Partner at Peppercorn Recruitment, and Helen Wu, Director, Business and Legal Affairs, Marketing and Advertising Counsel, PlayStation. Michael discussed his career route to Peters & Peters […]
ISO 31030 was published in September 2021 to complement the general ISO 31000 Risk Management Standard. The ISO standard is the first truly global benchmark for travel risk management and provides a framework of good practice. The White Paper aims to help corporates understand the ISO’s potential implications for an employer’s travel security obligations and […]
While the full extent of the fallout from covid-19 on the global economy is yet to be seen, history has shown that recessions often uncover and act as a catalyst for fraud. This, coupled with the fact that past economic downturns have shown us that those negatively impacted by portfolio losses will scrutinise the actions […]
Geopolitical instability and regional realignments have always by definition had a profound impact on the shape and intensity of business and personal risk. The last two years are certainly no exception. In this report, Peters & Peters has invited prominent observers of the international political and economic landscape to share their thoughts on new and […]
Despite international tensions, London continues to be a popular hub for cross-border disputes. Between April 2020 and March 2021, 50 percent of litigants in London’s Commercial Court1 were from outside the UK.2 Commercial parties wishing to resolve their differences in London can do so by inserting a clause in their contractual documentation nominating the Courts […]
What is Extradition? Extradition is the process by which an individual, who is accused or convicted of a criminal offence and is wanted to stand trial or to serve a sentence, is surrendered by one country (where that individual is physically present) to the country in which he/she is wanted. The procedure differs slightly, depending […]
Regional tensions, populist movements and weakened multilateral institutions mean that international trust and co-operation are at a low ebb. Countries launch state-sponsored cyber-attacks and even attempt assassination on our streets. Meanwhile, out of sight and largely unscrutinised by our courts, those same countries issue written demands that the UK complies with, purely on their say […]
We are in the midst of an epidemic of fraud. In one global survey, over 5000 respondents in up to 99 countries were interviewed and nearly 50 percent had been the victim of at least one fraud. On average companies were found to have experienced six frauds in 2020 at a loss of $42 billion*. […]
