Boutique white collar criminal law firm Rahman Ravelli has gone into administration after a quarter-century of representing clients in corporate crime cases.
Boutique white collar criminal law firm Rahman Ravelli has gone into administration after a quarter-century of representing clients in corporate crime cases.
The Solicitors Regulation Authority warned law firms Thursday to ensure lawyers follow their anti-money laundering procedures, after finding that firms were failing to put their own policies into practice.
Amazon has succeeded in its £1.1 million ($1.5 million) claim against the operators of online refund fraud service Spectre, which the e-commerce giant had accused of "systematic refund abuse."
A Russian national living in Germany who pledged allegiance to a Cossack society that supports Russia's war against Ukraine has had European Union sanctions against him lifted after the bloc's General Court found insufficient evidence linking him to a Kremlin-backed organization.
A Russian motorsport promoter has alleged that Formula One made an "unconscionable" demand for "vast" fees for races that didn't take place after Russia's invasion of Ukraine.
A London judge gave Güralp Systems Ltd. more time Thursday to negotiate with the Serious Fraud Office over the alleged failure by the seismological testing company to pay £2.1 million ($2.8 million) under a seven-year-old agreement.
The European Union's anti-fraud office and its new anti-money laundering authority have agreed to strengthen cooperation, including sharing information on suspected financial crime and coordinating investigations into activities harmful to the bloc's financial interests.
The U.K. risks losing its ability to respond to rapid technological change, and regulators and industry must collaborate more quickly to protect financial markets from emerging threats, the head of the Financial Conduct Authority said Thursday.
