Besso Limited fined by the FCA for anti-bribery systems failings
The FCA recently published its final notice in relation to action it has taken against insurance broker Besso Limited for a failure to take reasonable care to establish and maintain effective systems...
View ArticleWho would be a Regulator?
It’s no fun being a Regulator. Either you are criticised for being supine, and allowing the world to go to hell in a handcart because your ‘light touch’ form of regulation has allowed an excessively...
View ArticleBritish Bankers Association Updated Anti-Bribery and Corruption Guidance May...
The British Bankers Association (BBA) has this month published its new guidance, to assist those in the banking sector to comply with the Bribery Act 2010 as well as the anti-corruption regulatory...
View ArticleKen Clarke reviews the law enforcement response to City scandals
It is reported that Ken Clarke, the Tory Big Beast and former Home Secretary and Minister for Justice, is conducting a wide-ranging review of the ‘UK’s ability to tackle bribery and white collar crime’...
View ArticleThe Serious Fraud Office Reports...
The Serious Fraud Office has just published its 2013/2014 Annual Report. Anyone reading it in the hope or expectation of gaining some insights into what the SFO does or what causes it concern may be a...
View ArticleForex Investigation - the new blockbuster investigation by the SFO
On 21 July 2014 the director of the Serious Fraud Office formally announced the opening of a criminal investigation into allegations of fraudulent conduct in the foreign exchange market. This...
View ArticleUK GOVERNMENT'S RESPONSE TO THE DEPARTMENT FOR BUSINESS, INNOVATION AND...
A theme present in a number of press articles on “Whistleblowing” over recent months has been that, despite regulatory advances, whistle-blowers continue to be ignored, hushed or retaliated against....
View ArticleComing clean - the argument for cooperating with the SFO on corporate crime*
*This title is taken from an article published in Legal Week last week which we quote in full below. Following the recent sentencing of four individual defendants in the Innospec corruption...
View ArticleThe Long Arm of British Anti-Corruption Laws and the impact on individual...
Bruce Hall, the former Chief Executive Office of Aluminium Bahrain Bsc (“ABLA”) was sentenced on 22 July 2014 to 16 months in prison for conspiracy to corrupt in relation to contracts for the supply of...
View ArticleThe Director of the SFO criticises corporations which commission internal...
Following an article published in Legal Week in August authored by Ben Morgan, the joint head of bribery and corruption at the SFO entitled “Coming Clean – the argument for cooperating with the SFO on...
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