24 Feb, 2022 UWOs: Remember those? By Max Hobbs Joe Gaffney A House of Commons briefing paper, published on 22 February 2022, has criticised the use of Unexplained Wealth Orders (UWOs). The paper...
10 Feb, 2022 The Economic Crime Bill: reform is coming By Max Hobbs Joe Gaffney We recently commented on a fortnight of fast-paced developments in the economic crime space. As we observed, it appears that (despite...
08 Feb, 2022 New register of home ownership? Sadiq Khan calls for a register of foreign-owned UK property to aid Russia sanctions By Lorna Emson Max Hobbs Francis Bond Sadiq Khan, the Mayor of London, has issued a call for a new register of foreign-owned properties in the UK, citing the fact that the...
22 Nov, 2021 Paying the price: UK proposes mandatory rules for banks to compensate fraud victims By Lorna Emson James Reid The UK government has indicated that UK banks will be required to provide refunds to victims of “push payment” fraud (also known as “APP”...
09 Jul, 2020 Furlough fraud: HMRC makes its first arrest By Max Hobbs Her Majesty’s Revenue and Customs (HMRC) has reportedly made its first arrest of a person in connection with suspected furlough fraud....
24 Jun, 2020 The Council of the EU calls for greater financial crime powers By Francis Bond The Council of the European Union (the Council) has called for a series of cross-continent actions designed to tackle financial crime....
10 Jun, 2020 Who knew? Company directors may soon be jointly liable for furlough fraud By Max Hobbs Last week, HMRC announced plans to penalise company directors who intentionally breach the rules of the UK Government’s furlough scheme...