Incisive commentary from leading voices in the world of compliance

06 Mar 2017
Published in Article

Should we abolish cash?

Think back to that famous image from The Sopranos. The main character, Tony Soprano, is the head of a fictional Mafia organisation dominating organised crime in New Jersey – a multimillion pound outfit behind an array of financial crimes from bookmaking, to racketeering, to loan sharking. In the garden of his family home lie massive containers, stuffed full of gigantic wads of cash.

02 Mar 2017
Published in Article

United States v. Sheth: forfeiture and restitution

As part of the plea agreement, the Government agreed to credit any assets recovered under the forfeiture laws to Defendant’s restitution obligation. The Government did recover various assets and did credit them to the restitution order, but Defendant objected that he was not given credit for the assets’ full value.

21 Feb 2017
Published in Article

Special Report – the UK: the most corrupt place on earth?

Campaigners have frequently branded the UK a world money-laundering hotspot, citing the ‘terrifying’ scale of money laundering through the City of London. Is this fair? What is the UK doing to remedy the problem? Richard Nicholl investigates.

15 Feb 2017
Published in Article

What makes good conduct regulation?

Our direction of travel for the past forty years, and especially since the financial crash, has been closely harnessed to EU and to global initiatives. And whilst the next two years will necessarily be focused on achieving Brexit in accordance with the Government’s negotiated outcome, there will come a time when we will need to step back to reflect on what we have and to step forward with what we need.