7/18/2025 2:29:49 PM AI: Why UK Firms Must Act Now By Alexander Vilardo According to UK Finance's 2025 Annual Fraud Report, over £1.2 billion was lost to fraud in 2024 alone. This figure has, at least in part,...
3/31/2025 1:12:13 PM FCA publishes its 2025-2030 strategy: what we can expect over the next 5 years By David Hamilton On 25 March, the Financial Conduct Authority (FCA) published its Strategy 2025-2030 with the straplines “Deepening Trust”, “Rebalancing...
2/20/2025 5:29:40 PM Reigning in jurisdictional overreach? Supreme Court clarifies double criminality and POCA's extraterritorial effect in El-Khouri v USA By Anthony Hanratty On 12 February 2025, the Supreme Court handed down judgment in El-Khouri v Government of the United States of America [2025] UKSC 3. In...
2/18/2025 3:20:21 PM When reliance isn’t compliance: A classic AML pitfall By David Hamilton This article was originally published by Compliance Monitor and i-law. The Arian Financial case underscores that third-party customer due...
1/22/2025 1:00:00 PM The Regulatory Gap in Deepfake Technology By Georgia Learoyd On 7 January 2025 the government announced that it will criminalise the making of sexually explicit deepfakes in its forthcoming Crime...
1/15/2025 5:17:25 PM INTERPOL publishes first Silver Notice By Anthony Hanratty In our previous article we wrote about INTERPOL's intention to launch a pilot scheme to implement Silver Notices and Diffusions. INTERPOL...
12/3/2024 11:17:55 AM Failure to Prevent Fraud Offence - Under the Radar? Think Again By David Hamilton The fraud enforcement landscape is undergoing significant change. With the Government's official guidance now published, businesses...
11/27/2024 5:13:48 PM Failure to Prevent Fraud Offence - Government Guidance By Kyle Phillips Alexander Vilardo On 6 November 2024, the UK Government published guidance to help organisations deal with the new "failure to prevent fraud" offence,...
7/9/2024 10:25:37 AM Landmark Court of Appeal judgment changes AML landscape in the UK By David Hamilton Fran Garvey The Court of Appeal handed down its landmark ruling in R (on the application of World Uyghur Congress) v National Crime Agency [2024]...
10/3/2023 8:51:09 AM The FCA claims another AML scalp By David Hamilton The Financial Conduct Authority has imposed another financial crime-related Final Notice; this time against ADM Investor Services...
4/14/2023 1:09:11 PM Failure to prevent fraud: a new corporate criminal offence By Ian Ryan Fran Garvey Georgia Learoyd After over a decade of calls for reform to corporate criminal liability, on 11 April 2023 the Government finally announced its intention...
3/20/2023 1:38:37 PM Belarussian company loses UK sanctions challenge By Fran Garvey LLC Synesis has lost its UK court challenge against its sanctions designation. The Belarussian technology company was designated in the...