23rd February 2017
Many business people think it is wonderful that we now have an Administration filled with people from business backgrounds. To a point, I relate. Read More
23rd February 2017
The nation's first state-mandated cybersecurity regulations regarding banking and financial services companies are scheduled to go into effect in New York state on March 1. Read More
23rd February 2017
The Financial Conduct Authority (FCA) has entered into a co-operation agreement with Candian regulator Ontario Securities Commission (OSC) in an effort to boost innovation. Read More
Tom Devlin interviews Sam Thampapillai, associate in the financial services disputes and investigations group at Eversheds Sutherland. Sam has focused his recent work on developing technologies and financial crime. In this video he focuses on Blockchain, offering an introduction to how the technology works and insight into the particular financial crime risks that… Read More
On 17 January 2017, at Southwark Crown Court, Lord Justice Leveson approved a deferred prosecution agreement (“DPA”) between the Serious Fraud Office (“SFO”), and Rolls-Royce Plc and Rolls-Royce Energy System Inc (“Rolls-Royce”).[1] The third DPA agreed by the SFO has led some to wonder whether DPAs have finally come of age as a weapon the SFO’s enforcement arsenal. Read More
21st February 2017
In late November, Jay Clayton was called by a longtime client seeking advice for how the Trump administration should tackle scaling back rules on Wall Street. Read More
20th February 2017
In the year and a half that has transpired since the DOJ’s Fraud Section retained a compliance consultant to assist prosecutors’ evaluation of compliance programs, compliance officers, general counsels and white-collar defense lawyers have called for more visibility into what the Fraud Section’s compliance consultant portends for companies ensnared in DOJ investigations. Read More
16th February 2017
Bankers led by State Bank of India have asked for a special dispensation from the banking regulator to revive companies that require deep restructuring of loans. Speaking to media, SBI chief Arundhati Bhattacharya said that bankers have asked the Reserve Bank of India’s approval to amortise losses that require deep… Read More
15th February 2017
Parliament has passed a bill that strengthens the rules around foreign trusts. The changes were recommended by tax expert John Shewan, appointed by the government to review existing legislation following the release of the Panama Papers. Read More
15th February 2017
Hong Kong is beefing up its anti-money laundering and corporate disclosure laws in a move that some financial crime specialists say could lead to the exodus of billions of dollars in assets from the territory as people seek to avoid increased scrutiny. Read More