‘A multi-billion-dollar money laundering operation that formed when UK gangs were struggling to offload cash during lockdown has been uncovered by the National Crime Agency.’
BBC News, 4th December 2024
Source: www.bbc.co.uk
‘Two sisters who used their positions as Girl Guides volunteers in a scheme which defrauded the taxpayer out of nearly £500,000 have been jailed.’
BBC News, 18th November 2024
Source: www.bbc.co.uk
‘Metro Bank has been fined nearly £17m by the UK’s financial watchdog for failings in its money-laundering controls over four years, in a fresh blow to the lender a year on from its near-collapse.’
The Guardian, 12th November 2024
Source: www.theguardian.com
‘Many law firms treat anti-money laundering (AML) training as a “tick-box exercise”, the Solicitors Regulation Authority (SRA) has found.’
Legal Futures, 5th November 2024
Source: www.legalfutures.co.uk
‘It is not often that a family law blog warns ordinary hard-working honest family lawyers that they might be unwitting criminals. This is that blog. You should read it.’
Financial Remedies Journal, 17th September 2024
Source: financialremediesjournal.com
‘Solicitors dealing with complex fraud, money-laundering and corruption cases are very well used to having clients who are particularly vexed about their assets being restrained by a law-enforcement agency at a without notice hearing, the application perhaps being made without a charging decision even being in sight. This article focuses on the reliance, arguably the over-reliance by investigators and prosecutors, of complex financial arrangements uncovered by the financial investigators which are then labelled as, e.g. a “complex web”, “designed to obfuscate” or to keep the world in the dark about true beneficial ownership etc. In a challenge to the Restraint Order are these complex arrangements a difficult hurdle to clear for defenders?’
Expert Witness Journal, August 2024
Source: www.paperturn-view.com
‘The sentencing of seven people involved in a money laundering network via Chinese underground banking is a valuable reminder to solicitors of its risks, the Solicitors Regulation Authority (SRA) has said.’
Legal Futures, 30th August 2024
Source: www.legalfutures.co.uk
‘Seven people have been jailed for operating an undercover £55m money-laundering ring aimed at international university students seeking to bypass limits on the amount of cash that can be taken out of China.’
The Guardian, 27th August 2024
Source: www.theguardian.com
‘A property law firm in Manchester has been handed a fine of nearly £22,000 for failures in anti-money laundering (AML) procedures, towards the top end of the Solicitors Regulation Authority’s (SRA) powers.’
Legal Futures, 14th August 2024
Source: www.legalfutures.co.uk
‘A mansion in Knightsbridge and a golf club in Ascot owned by the wife of the jailed Azeri banker Jahangir Hajiyev have been forfeited to the British state as part of a settlement worth an estimated £18.5m to taxpayers.’
The Guardian, 5th August 2024
Source: www.theguardian.com
‘Fatima Jama examines the Court of Appeal’s decision in R (World Uyghur Congress) v National Crime Agency [2024] EWCA Civ 715, and its implications.’
Mountford Chambers, 16th July 2024
Source: www.mountfordchambers.com
‘A woman who made more than half a million pounds by travelling throughout England and Wales shoplifting and then claiming refunds on the stolen goods has been jailed for 10 years.’
The Guardian, 30th July 2024
Source: www.theguardian.com
‘In its recent judgment in World Uyghur Congress v National Crime Agency, the Court of Appeal addressed the application of the money laundering provisions of the Proceeds of Crime Act 2002 (POCA) in the context of international supply chains. The appeal court’s clarification of the scope of the ‘adequate consideration’ exemption under POCA has wide-reaching implications not only for businesses with global supply chains but for all professional services firms in the UK.’
Law Society's Gazette, 19th July 2024
Source: www.lawgazette.co.uk
‘A gang of cowboy builders who preyed on more than 20 homeowners across England and Wales, defrauding them out of a collective £1.2m, have been jailed.’
BBC News, 15th July 2024
Source: www.bbc.co.uk
‘The High Court looks set to rule on whether a tribunal was right to find that Dentons’ breach of the anti-money laundering (AML) rules was “inadvertent” and did not amount to professional misconduct.’
Legal Futures, 15th July 2024
Source: www.legalfutures.co.uk
‘The Vatican has gone on trial in an English court for the first time, accused of subjecting a British businessman to “incoherent and confused” allegations over a London property deal.’
The Guardian, 26th June 2024
Source: www.theguardian.com
‘A breach of the anti-money laundering (AML) rules by Dentons, the world’s largest law firm, was “inadvertent” and did not amount to professional misconduct, the Solicitors Disciplinary Tribunal (SDT) has ruled.’
Legal Futures, 24th June 2024
Source: www.legalfutures.co.uk
‘A drugs gang produced millions of counterfeit Xanax pills in garden sheds and garages, selling them to customers across the UK and US.’
BBC News, 19th June 2024
Source: www.bbc.co.uk
‘Nearly 40% of the dirty money in the world is going through the City of London and other crown dependencies, the UK’s deputy foreign secretary has said.’
The Guardian, 14th May 2024
Source: www.theguardian.com
© Inner Temple Library 2024