Crypto authorities must report suspected sanctions breaches to UK authorities. Peters & Peters’ Partner Anna Bradshaw told the Guardian the UK’s move was “in line with the more general expansion of financial services and anti-financial crime regulation to the crypto sector”. “Crypto and virtual assets are treated no differently to any other type of assets […]
Craig Hogg and Caroline Timoney of Peters & Peters discuss in IFA Magazine. Earlier this month Max Hill QC, Director of Public Prosecutions for England and Wales, and Lisa Osofsky, director of the Serious Fraud Office (SFO), spoke at the 39th Cambridge International Symposium on Economic Crime where both expressed their support for expanding the […]
In July, the UK Competition and Markets Authority (CMA) launched an inquiry into ASOS, Boohoo and George at Asda to investigate potentially misleading ‘green’ claims by the three fashion brands. The watchdog is concerned that some of the firms’ fashion products are being marketed as being eco-friendly and sustainable, even though the businesses may […]
In July 2022, a Swiss Federal Criminal Court (FCC) found former FIFA president Sepp Blatter and former UEFA president Michel Platini not guilty, following charges of corruption brought against them by the Office of the Attorney General of Switzerland (OAG). The fraud trial centred around an allegedly unlawful payment of about CHF 2 million made […]
With more businesses using sustainability as a marketing tool, in a bid to attract environmentally aware consumers or to secure investment in environmental, social and governance (ESG)-related funds, it was only a matter of time before “green” or “eco-friendly” claims would attract the regulators’ attention. In July 2022, the UK Competition and Markets Authority […]
The Swiss acquittals of Sepp Blatter and Michel Platini — the former presidents of Fifa and Uefa, respectively — are the latest episodes in a long and sordid tale involving allegations of corruption, kickbacks and kick-offs. Charges were brought on the grounds that a 2011 payment of 2.2 million Swiss francs from Fifa to […]
For several years, the United Kingdom’s extradition arrangements with Russia and Russia’s membership of Interpol have been under severe strain. Does the Ukraine crisis now call for a fundamental change? In this article for Global Investigations Review, Jasvinder Nakhwal, Nick Vamos and Alistair Jones argue that the Ukraine crisis and Russia’s expulsion from the […]
The Serious Fraud Office (SFO) has published its Annual Report and Accounts, 2021-2022, alongside the much-anticipated findings of Brian Altman QC’s and Sir David Calvert-Smith’s reviews into the collapse of the R v Woods and Marshall trial and the SFO’s handling of the Unaoil investigation. The reviews cast a dark shadow over the Annual Report’s […]
A few decades ago, Phil Collins sang ‘I can feel it coming in the air tonight (oh lord!)’, and 41 years later, these lyrics can conceivably be transposed as the anthem for crypto-fraud victims. Today, what is ‘coming in the air tonight’ is instead the NFT, modified for use in crypto litigation and airdropped onto […]
The firm has been rated in Band 1 in the Chambers’ Financial Crime: High Net Worth Individuals guide, which ranks leading law firms and lawyers for international private wealth. The guide also recognised three partners, who were ranked in Band 1 and Band 4, and one Of Counsel as an “Associate to watch”. One source […]
