Despite high-profile failures in the banking industry to operate robust whistleblowing procedures, the financial regulator has yet to show unequivocal support for those who risk their livelihoods to blow the whistle. For the full article please click here The website hosting the publication https://www.compliancemonitor.com
Peters & Peters is “arguably London’s best civil fraud litigation boutique”, according to a leading law directory, and is sought after for its wealth of experience — and its additional support in criminal and regulatory litigation, where it specialises in regulatory investigations at the nexus of civil and criminal liability. Read more.
Partner Anna Bradshaw comments on the scope of diplomatic immunity for criminal offences in connection with the expulsion from the Netherlands of Russian operatives accused of hacking the headquarters of the international chemical weapons watchdog in the Hague. Read more.
Associate Peter FitzGerald has been appointed Treasurer of the Criminal Bar Association, the representative body for the Criminal Bar in England and Wales. Read more.
“There’s been a lot of focus on insider dealings and the headline fines that you get from banks. But I think it’s important for [the FCA] to focus on cases like this. The people who’ve lost the money — it’s their life savings” Hannah Laming, partner at Peters & Peters. Read more.
Hannah Laming, a partner at law firm Peters & Peters who used to work for the FCA, said the sentencing was a “timely reminder of the good that can come from the FCA’s powers”. “The defendant took advantage of elderly victims in a boiler-room scam that led to the loss of nearly £3m. This type […]
The European Commission has published proposals to strengthen the EU framework of prudential and anti-money laundering (AML) supervision for financial institutions. Partner Anna Bradshaw predicts that these initiatives will result in increased sensitivity to AML compliance throughout the European banking sector. Read more.
“The Court of Appeal has placed reliance on the factual context and on the beliefs of key individuals within the organisation,” she says. “It is possible that grey areas may arise in some cases where an investigation evolves over time as new facts emerge or where it is unclear at what point the specific risk […]
Anna Bradshaw comments on the differences US and EU economic sanctions against Syria and the potential obstacles to enforcing both. Read more.
Anna Bradshaw comments on US proposals to sanction professional services providers in the Times, expressing concerns about the implications for sanctions compliance and human rights. Read more.
