Is this a sign that we are entering a period of stronger and swifter action on sanctions breaches by law enforcement agencies? In this article for LexisNexis Corporate Crime analysis, Liam Lane discusses the key points of this case, the outcome for the National Crime Agency (NCA) and the significance of this case. He also […]
Anna Bradshaw and Alistair Jones have contributed a chapter to Global Investigations Review‘s Guide to Sanctions, which is in its fifth edition. The guide is written by contributors from the expanding field of sanctions enforcement and dissects the topic in a practical fashion, from every stakeholder’s perspective. The chapter that Anna and Alistair wrote, ‘Representing […]
Earlier this month, far-right rallies took place up and down the country, sparking concerns about rioting and street violence. Tommy Robinson, the far-right founder of the English Defence League, even promoted one such event in Glasgow. Robinson, whose real name is Stephen Yaxley-Lennon, left the country at the end of July, but he could face […]
1997. New Labour takes power, soundtracked by Northern Irish group D:Ream’s Things Can Only Get Better, a song that has now become synonymous with political sea change. It was masterfully reimagined in the sixth episode of the final season of Netflix’s The Crown, as part of a dream sequence that sees ‘King Tony’ crowned as […]
We have secured the deletion of INTERPOL diffusions against four Russian businessmen. We successfully persuaded INTERPOL’s CCF that the criminal cases against our clients were politically motivated and part of a long-running corporate raid. We explained that the criminal cases and corresponding arrest warrants were aimed at undermining efforts to recover the value of property […]
In the first action of its kind, earlier this week, the National Crime Agency (NCA) secured the forfeiture of sanctioned funds under the Proceeds of Crime Act. The NCA had argued that the money, worth £780,000, was held for the benefit of Russian oligarch Petr Aven despite not being in his name. The money had […]
Last month, the FCA announced the arrest of two people suspected of running an illegal cryptoasset exchange business. The suspects were interviewed under caution, and their digital devices seized, before being released on bail pending an investigation. The FCA, working with the Metropolitan Police Service, is investigating the business for allegedly buying and selling cryptoassets, […]
Last week, the Financial Conduct Authority (FCA) fined CB Payments Limited (CBPL), the UK arm of Coinbase, about £3 million ($4.5 million) for repeatedly breaching a requirement that prevented it from offering services to high-risk customers. According to the FCA, CBPL does not undertake cryptoasset transactions for customers, but acts as a gateway to trade […]
Peters & Peters notes with great satisfaction the judgment of the Honourable Mr Justice Robin Knowles CBE in the Republic of Mozambique litigation which was handed down on 29 July 2024. The judgment represents a major milestone in the five years of litigation, initiated by the Attorney General of Mozambique, to hold the Privinvest Group […]
In a historic first, last month, the Financial Conduct Authority (FCA) confirmed that it had opened a climate-related enforcement investigation against a company. This information was provided in response to a freedom of information request by legal activist organisation ClientEarth. It represents a key milestone on the path to joining regulators in the US, Germany […]
