The White Collar Crime Centre

Run by Bright Line Law and Jonathan Fisher QC, The Centre explores corporate wrongdoing & criminal law
Research Analysis Briefings Global

[The White Collar Crime Centre @WCCC_BLL]

Govt consultation on amendments to the Money Laundering Regulations has started. Open until 14 October, the purpose is to ensure that the Regulations deter 'whilst being proportionate and managing burdens on businesses'. Check it out here: https://t.co/HrSBdw0arN

[The White Collar Crime Centre @WCCC_BLL]

Further govt guidance has been published for art market participants on money laundering. It sets out 5 main risk indicators in practice. https://t.co/9tdmbmWFoW

[The White Collar Crime Centre @WCCC_BLL]

Another example of civil powers being deployed where the issue is not how the money was earned but its method of movement into the UK. https://t.co/3kMBUnSFiK

[The White Collar Crime Centre @WCCC_BLL]

We are delighted to publish a paper exploring the case for law reform in the area of proceeds of crime repatriation. You can read the full paper and our recommendations for amendment of POCA here: https://t.co/U1ijv2qsVN

[Transparency International UK @TransparencyUK]

See how 136 of the world’s biggest #ArmsIndustry companies score on their commitment to anti-corruption and transparency. #DCI2020

New from our @TI_Defence team.

Full results -> https://t.co/PvV45LJITR

[Russell Hopkins @RHopkins_Law]

... maybe that also sounds like quite a dry topic!

Anyway, the judgment is available here: https://t.co/76ncOimahS

[Russell Hopkins @RHopkins_Law]

... but the judgment written by Lord Lloyd-Jones contains a fascinating and succinct analysis of the circumstances in which a purposive reading of legislation is (or is not) capable of rebutting the presumption against the extra-territorial application of UK legislation...

[Russell Hopkins @RHopkins_Law]

On Friday, the UK Supreme Court held that the SFO cannot enforce document production notices (so-called "section 2 notices") against foreign companies and their documents held overseas. This may sound like a quite a dry topic ...

[Egmont Group of FIUs @EGFIU]

The Egmont Group’s IEWG is proud to announce the publication of the joint Egmont Group - @FATFNews Trade-Based Money Laundering (TBML) report.

For more information about this report: https://t.co/81UqWVV5ef

[RUSI @RUSI_org]

1|Today RUSI launches a new paper that identifies how governments can use "beneficial ownership information" more effectively to tackle financial crime. Read ‘For Whose Benefit? Reframing Beneficial Ownership Disclosure around User’s Needs’ here: https://t.co/nJLcTORFy1

[Ministry of Justice @MoJGovUK]

From today, all Crown Courts in England & Wales now have the technology for vulnerable victims and witnesses to pre-record their cross-examination.

The widespread roll-out began last year with our commitment to deliver by the end of 2020.

Read more 👉 https://t.co/APPs9QlMAE

[FATF @FATFNews]

What are the dangers of virtual assets? The FATF’s senior analyst Tom Neylan joined financial intelligence and law enforcement experts at the #OECDBlockchain policy forum to analyse how criminals exploit cryptocurrencies. See more here: https://t.co/DkfdXlV41p #FollowTheMoney

[UK Financial Intelligence Unit @NCA_UKFIU]

SARs Annual Report 2020 published on NCA website. UKFIU saw 573,083 SARs (up 20%) and 62,408 defence requests (up 81%). £172m denied to suspected criminals as a result of DAMLs - up 31% on previous year
https://t.co/wOzxjULgT8

[Law Commission @Law_Commission]

We’re delighted to announce that the Law Commission has begun work to investigate the laws governing corporate criminal liability and provide options to reform them.

Find out more here: https://t.co/A97d09h2RE

[UK Financial Intelligence Unit @NCA_UKFIU]

The UKFIU's SAR Glossary Codes and Reporting Routes booklet has been revised, providing further guidance on the use of the XXGVTXX 'requiring a defence under POCA' code
https://t.co/v5ftTZTTBS

[Money Laundering Bulletin @MLBulletin]

UK FCA filed 148 SARs in 2019 & 192 in 2018, [FOI request], though not clear if and how many of these related to suspected ML through it versus through supervised firms. FCA doesn’t keep record of SARs by type of firm or figures on sums involved. https://t.co/75N0GEIzg8

[Lords European Affairs Committee @LordsEUCom]

At 10am (GMT) on Thursday 29 October we will be speaking to @FaullJonathan of @BrunswickGroup (and formerly of @EU_Commission) about financial services after Brexit 💷💶 https://t.co/c16iqMUJLK

[The White Collar Crime Centre @WCCC_BLL]

The Treasury Committee has announced its new economic crime inquiry:
https://t.co/6tbHeDgzIx

[The White Collar Crime Centre @WCCC_BLL]

Goldman Sachs fined £96 million by City watchdogs over 1MDB scandal https://t.co/P91paSZKEs

[Vanessa Reid @vanessajreid]

Delighted to see the White Collar Crime Centre (@WCCC_BLL) continue to make great contributions to the development of law and policy. Genuinely exciting to see our paper on a proposed corporate confiscation scheme quoted in the Law Commission Consultation Paper on Confiscation.