‘Ministers are halting a “gold-plated” visa scheme offering foreign investors a fast-track to settling in the UK, as part of a crackdown on financial crime.’
BBC News, 5th December 2018
Source: www.bbc.co.uk
‘Three online casino companies have been fined and one has been prevented from operating in the UK following a crackdown by the industry regulator. The Gambling Commission has fined three firms almost £14m for not having “effective safeguards” to prevent money laundering and harm to customers from gambling.’
BBC News, 29th November 2018
Source: www.bbc.co.uk
‘Regulators have vowed to take action against any solicitor found to have neglected their wider obligations simply to keep a client happy.’
Law Society's Gazette, 27th November 2018
Source: www.lawgazette.co.uk
‘The regulation of cryptoassets is likely to get tighter in the UK, starting from next year, according to a new report by a body tasked with exploring whether new rules are needed to address their growing popularity.’
OUT-LAW.com, 31st October 2018
Source: www.out-law.com
‘Paddy Power Betfair has been fined £2.2m for failing to stop stolen money being gambled through its website and for failing to protect customers showing signs of problem gambling.’
BBC News, 16th October 2018
Source: www.bbc.co.uk
‘A new specialist unit will identify and freeze bank accounts linked to organised crime behind bars, Justice Secretary David Gauke announced today.’
Ministry of Justice, 2nd October 2018
Source: www.gov.uk/government/organisations/ministry-of-justice
‘The wife of a foreign banker faces losing UK property worth millions of pounds unless she can explain the source of her wealth, following a judgment at the high court.’
The Guardian, 3rd October 2018
Source: www.theguardian.com
‘A woman who hid $3.5 million in corrupt payments by letting it pass through her foreign bank accounts has been given a suspended prison sentence today (25 September).’
Crown Prosecution Service, 25th September 2018
Source: www.cps.gov.uk
‘Offshore owners of British property will be forced to reveal their true identities or face jail sentences and unlimited fines under draft laws that aim to end the UK’s reputation as a high-risk jurisdiction for money laundering.’
The Guardian, 23rd July 2018
Source: www.theguardian.com
‘Anti-money laundering laws should be streamlined and strengthened to help law enforcement agencies to focus on serious crime, say the Law Commission.’
Law Commission, 20th July 2018
Source: www.lawcom.gov.uk
‘The owner of a care home who tried to defraud residents out of £4.1million by isolating them from their families and persuading them to make him a beneficiary of their wills has been jailed today.’
Crown Prosecution Service, 13th July 2018
Source: www.cps.gov.uk
‘An online steroid dealer who sold toxic slimming pills that killed a bulimic student has been found guilty of manslaughter.’
The Guardian, 27th June 2018
Source: www.theguardian.com
‘The Sentencing Council has published its assessment of the impact of its Fraud, Bribery and Money Laundering offences guideline on sentencing trends, under its statutory duty to monitor the operation and effect of its sentencing guidelines and to draw conclusions from this information.’
Sentencing Council, 26th June 2018
Source: www.sentencingcouncil.org.uk
‘Online gambling operator 32Red has been hit with a £2m penalty for failing to protect a problem gambler.’
BBC News, 20th June 2018
Source: www.bbc.co.uk
‘A dishonest solicitor who forged documents and stole clients’ mortgage payments after taking the reins of a law firm has been jailed for seven years and six months.’
Legal Futures, 11th June 2018
Source: www.legalfutures.co.uk
‘The UK body charged with fighting serious and organised crime has warned that the country’s impending withdrawal from the EU could lead to a rise in money laundering, bribery and other corporate offences.’
OUT-LAW.com, 14th May 2018
Source: www.out-law.com
‘Companies House has been lambasted for trumpeting the prosecution of a whistleblower who used Vince Cable’s name to expose a gaping loophole exploited by fraudsters.’
The Independent, 16th April 2018
Source: www.independent.co.uk
© Inner Temple Library 2018