New press watchdog Ipso needs clearer rules, says chairman – The Guardian

Posted November 10th, 2014 in bribery, complaints, interception, media, news by sally

‘The new press regulator’s rules must be simplified if it is to fulfil promises to be fair and independent that were made by the industry after the Leveson inquiry, its chairman said on Sunday.’

Full story

The Guardian, 9th November 2014

Source: www.guardian.co.uk

Warnings of “US-style penalties” for corporate economic crimes as new sentencing guidelines come into force – OUT-LAW.com

‘Firms operating in England and Wales should be prepared for tougher penalties in cases of fraud, bribery and money laundering now that new sentencing guidelines have come into force, an expert has said.’

Full story

OUT-LAW.com, 7th October 2014

Source: www.out-law.com

Proprietary remedies, fiduciary bribes, and dishonest assistants: FHR and Novoship – Employment Law Blog

Posted October 2nd, 2014 in appeals, bribery, constructive trusts, fiduciary duty, news, Supreme Court by tracey

‘Directors and senior employees will often have wide-ranging managerial power over their companies: the ability to commit or disburse company assets, with significant autonomy and limited detailed oversight. Those in such positions will not always act responsibly, and will be attractive targets to others seeking a share of the potential spoils. In two important judgments from July, the Court of Appeal and Supreme Court significantly increased the remedies available against both bribed fiduciaries and those who bribe them.’

Full story

Employment Law Blog, 2nd Ocotber 2014

Source: www.employment11kbw.com

Fraud, bribery and money laundering offences guideline comes into effect – Sentencing Council

Posted October 2nd, 2014 in bribery, Crown Court, fraud, magistrates, money laundering, news, sentencing by tracey

‘Following a period of training and implementation the definitive guideline on fraud, bribery and money laundering offences came into effect on 1 October 2014.’

Versions for the Crown Court and magistrates’ courts

Sentencing Council, 1st October 2014

Source: http://sentencingcouncil.judiciary.gov.uk

Bribes and secret commissions: Cedar in the Supreme Court – New Square Chambers

Posted September 3rd, 2014 in agency, bribery, equity, fiduciary duty, news, trusts by sally

‘What claim does a principal have where an agent or other fiduciary receives a bribe or secret commission in breach of the duty owed to him? Is the principal confined to a personal claim for equitable compensation from the fiduciary or canhe show that the bribe or commission was held on trust for him? After two centuries of debate in and out of the courts, the Supreme Court in FHR European Ventures LLP v Cedar Capital Partners [2014] UKSC 45 determined that the bribe or commission is held on trust such that the principal does enjoy a proprietary claim.’

Full story

New Square Chambers, 14th August 2014

Source: www.newsquarechambers.co.uk

Ex-NoW journalist Dan Evans gets suspended sentence over hacking – The Guardian

‘A former journalist at the News of the World who admitted listening to more than 1,000 hacked voicemail messages has been spared jail because of what the judge said was his “unique” role in giving the prosecution evidence in the trial of Andy Coulson, Rebekah Brooks and others.’

Full story

The Guardian, 24th July 2014

Source: www.guardian.co.uk

Novoship (UK) Ltd and others v Nikitin and others – WLR Daily

Posted July 9th, 2014 in bribery, causation, charterparties, debts, fiduciary duty, interest, law reports by sally

Novoship (UK) Ltd and others v Nikitin and others [2014] EWCA 908; [2014] WLR (D) 297

‘The remedy of an account of profits was available against one who dishonestly assisted a fiduciary to breach his fiduciary obligations, even if that breach did not involve a misapplication of trust property.

WLR Daily, 4th July 2014

Source: www.iclr.co.uk

Businessmen and footballer jailed over match-fixing – BBC News

Posted June 20th, 2014 in bribery, conspiracy, gambling, news, sentencing, sport by tracey

‘Two businessmen and a footballer convicted of plotting to fix the results of football matches have been jailed.’

Full story

BBC News, 20th June 2014

Source: www.bbc.co.uk

New sentencing guidelines bring increased focus to the impact of fraud on victims – Sentencing Council

Posted May 28th, 2014 in bribery, fraud, money laundering, news, sentencing by sally

‘The Sentencing Council has published a new guideline for how people convicted of fraud, money laundering and bribery should be sentenced.’

Full story

Sentencing Council, 23rd May 2014

Source: www.sentencingcouncil.judiciary.gov.uk

Deferred prosecution agreements to be made available next week as new guidance published – OUT-LAW.com

Posted February 18th, 2014 in bribery, deferred prosecution agreements, fraud, news, prosecutions by sally

‘Prosecutors will be able to enter into US-style ‘plea bargains’ with corporate offenders from next week, providing an alternative to prosecution in cases of economic crime such as bribery or fraud.’

Full story

OUT-LAW.com, 17th February 2014

Source: www.out-law.com

New sentencing guideline for corporate fraud – Sentencing Council

Posted February 3rd, 2014 in bribery, codes of practice, fraud, money laundering, news, sentencing by tracey

‘Following consultation the Sentencing Council is publishing a new definitive guideline on fraud, bribery and money laundering offences committed by corporate offenders which will come into force on 1 October 2014.’

Full guidelines

Sentencing Council, 31st January 2014

Source: http://http://sentencingcouncil.judiciary.gov.uk

Metropolitan police corruption report prompts call for inquiry – The Guardian

Posted January 10th, 2014 in bribery, corruption, news, police, reports by tracey

‘The head of the Metropolitan police will be asked to ensure corruption no longer exists in the force after a confidential report into organised crime infiltrating Scotland Yard was leaked to a newspaper. The report said organised criminals “were able to infiltrate Scotland Yard at will by bribing corrupt officers”, according to the results of the secret internal report written in 2002.’

Full story

The Guardian, 10th January 2014

Source: www.guardian.co.uk

Justice Committee calls for “more meaningful” penalties for companies convicted of financial crime – OUT-LAW.com

“Fines handed to companies convicted of fraud or other financial crimes should be calculated as a percentage of turnover, rather than with reference to the amount of financial harm caused, a committee of MPs has said.”

Full story

OUT-LAW.com, 13th November 2013

Source: www.out-law.com

SFO could snoop on communications to uncover evidence of corruption, says director – OUT-LAW.com

“The director of the Serious Fraud Office (SFO) has warned that the agency may use powers of surveillance to uncover evidence of corruption within corporates.”

Full story

OUT-LAW.com, 25th October 2013

Source: www.out-law.com

Significant changes to corporate crime regime on the way as National Crime Agency launches – OUT-LAW.com

Posted October 9th, 2013 in bribery, corruption, fraud, news, ombudsmen, penalties, whistleblowers by sally

“US-style incentives for whistleblowers against corporate fraud, bribery and corruption offences could be introduced in the UK following the launch of the new National Crime Agency (NCA), an expert has said.”

Full story

OUT-LAW.com, 8th October 2013

Source: www.out-law.com

More bribery prosecutions imminent as SFO confirms eight cases under investigation – OUT-LAW.com

Posted September 6th, 2013 in bribery, corruption, fraud, news, prosecutions, Serious Fraud Office by tracey

“The head of the Serious Fraud Office (SFO) has responded to critics of the UK’s new anti-corruption legislation, confirming that the department has eight cases under investigation.”

Full story

OUT-LAW.com, 5th September 2013

Source: www.out-law.com

Fighting economic crime in the modern world – Attorney General’s Office

“Solicitor General makes the opening speech of the 31st Cambridge International Symposium on Economic Crime Originally given at Cambridge.”

Full story

Attorney General’s Office, 2nd September 2013

Source: www.gov.uk/ago

No room for corporate complacency, says expert, as SFO brings first Bribery Act charges – OUT-LAW.com

Posted August 16th, 2013 in bribery, company law, fraud, news, prosecutions, Serious Fraud Office by tracey

“The Serious Fraud Office (SFO) has made its first charges in relation to offences under the Bribery Act, it has announced.”

Full story

OUT-LAW.com, 16th August 2013

Source: www.out-law.com

Deferred Prosecution Agreements ‐ at one with atonement – Dyers Chambers

“With the Crime and Courts Act having received Royal Assent on 25 April 2013, Andrew Price looks at the genesis of Deferred Prosecution Agreements (DPAs) and what may lie in store for the future.”

Full story (PDF)

Dyers Chambers, 11th July 2013

Source: www.dyerschambers.com

Tough new bribery sentencing guidelines will shape deferred prosecution agreements framework, says expert – OUT-LAW.com

“Tough proposed sentencing guidelines will inform the level of financial penalties set by the Serious Fraud Office (SFO) under new deferred prosecution agreements (DPAs), an expert has said.”

Full story

OUT-LAW.com, 28th June 2013

Source: www.out-law.com