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 […]
Since 31 January 2018, UK law enforcement has had a number of new powers at its disposal, introduced into the Proceeds of Crime Act 2002 by the Criminal Finances Act 2017. These provide UK law enforcement with potentially ground-breaking new powers to freeze and recover the alleged proceeds of crime. Whilst there has been significant […]
One of the first decisions a victim of fraud will have to make – often at a very distressing time and before all the facts are known – is whether they should make a criminal complaint to the authorities or pursue their own civil remedy. Read more.
The EU’s proposal for a Special Purpose Vehicle (SPV) as an alternative payment system to support EU businesses trading with Iran were announced on 26 September. Partner Anna Bradshaw discusses how it might operate in practice. Read more.
Following his well-reported decision not to extradite the hacker Lauri Love to the US, in the recent case of Scott v USA the Lord Chief Justice took the Forum Bar into surprising new territory. Stuart Scott’s extradition to the USA for wire fraud was barred by reason of forum in circumstances when no UK prosecution […]
Fraud is on the rise, with the total value of reported fraud in the UK hitting the £2 billion mark according to recent research, representing a 500% increase over the last 15 years. Read more
The International Comparative Legal Guide to: Business Crime 2019 covers common issues in business crime – including criminal law enforcement, courts structure, corporate criminal liability, limitation issues, investigations and procedures for gathering information – in 29 jurisdictions. Read more.
Anna Bradshaw, a partner at Peters & Peters, is quoted in an article in Payments Compliance on the difficulties of establishing a separate payments channel to support continuing EU business with Iran following the withdrawal of the US from the Joint Comprehensive Plan of Action on Iran (JCPOA). Read more.
Officials on both sides recognise the need for smooth extradition and intelligence-sharing, so threats to withhold co-operation are worrying, Nick Vamos writes. Read more.
An unexplained wealth order (UWO) is an order requiring a person to explain their ownership of a specific asset and how it was obtained. UK law enforcement agencies including the National Crime Agency (NCA), Serious Fraud Office (SFO) and Her Majesty’s Revenue and Customs (HMRC) have been given the power to apply for UWOs, which […]
