Britons may be at risk of languishing for years awaiting trial in a foreign jail if a crucial protection within the EAW scheme is lost after Brexit. Nick Vamos, former head of extradition at the Crown Prosecution Service, told The Independent that the price for securing a new criminal justice deal with EU could be […]
Partner Anna Bradshaw is quoted on the prospect of EU blocking legislation and the broader repercussions of the US withdrawal from the Joint Common Plan of Action (JCPOA) for global sanctions regulation. Read more.
Commenting on a letter from the European Commission to the European Supervisory authorities calling for ‘collective reflection’ on how to improve AML cooperation and prudential supervision, Anna observes that increased AML supervision at the EU level could see banks lose their licenses before national regulators take action. “While it is too early to predict what […]
The risk of breaching Russian sanctions remains a top concern for European banks, corporations and wealthy individuals despite market tensions surrounding the U.S. withdrawal from the Iran deal. Some wealthy Russians in London are concerned about their ability to use their bank accounts, as financial institutions are closing accounts to avoid the risk of sanctions […]
Anna Bradshaw is quoted on the practical difficulties in connection with the implementation of the Joint Common Plan of Action (JCPOA) on Iran, as a result of parallel anti-money laundering and counter-terrorist financing standards produced by the Financial Action Task Force (FATF). Anna notes, “Trade with Iran is ostensibly encouraged, in recognition of the key […]
The inquiry will examine the practical and legal challenges for negotiating a security treaty with the EU, and what such a treaty might cover. Read more.
Partner Anna Bradshaw tells ACAMS moneylaundering.com that introducing public registers in the overseas territories may prove only marginally helpful to banks when screening clients or transactions for illicit activity. “You can’t rely on information obtained from public registers as a substitute for your own due diligence,” Bradshaw said. “At most they’re helpful as an additional […]
Nick Vamos, Partner at Peters & Peters and former Head of Extradition at the CPS, recently gave evidence to the EU Home Affairs Sub-Committee. The Sub-Committee looked at a range of issues related to post Brexit extradition and the challenges for negotiating a security treaty with the EU, and discussed the ‘awkward squad’ of countries […]
Partner Neil Swift and Associate Miranda Ching are representing Dr Aleksandr Kogan, the Cambridge University professor at the centre of the Cambridge Analytica and Facebook data scandal. Kogan gave evidence before the Parliamentary Select Committee this week as part of the Digital, Culture, Media and Sport Committee’s inquiry into fake news.
Head of International Keith Oliver, reflects on the historic referendum on 23rd June 2016 that divided the nation and ponders whether Brexit, while we will hardly “rejoice-it”, will eventually come to be regarded as a moment in time and not the end of days. Read Keith’s full opinion piece here.
