Dechert and Neil Gerrard, its former head of white collar crime, have settled claims of torture and hacking in a web of litigation spawned from the firm's work for a UAE sovereign wealth fund, a spokesperson for the outfit confirmed Thursday.
Dechert and Neil Gerrard, its former head of white collar crime, have settled claims of torture and hacking in a web of litigation spawned from the firm's work for a UAE sovereign wealth fund, a spokesperson for the outfit confirmed Thursday.
Money laundering risk for British firms remains high as criminal cash is being generated at over £12 billion ($16.1 billion) a year, with financial and legal services deemed particularly vulnerable, according to the government's National Risk Assessment 2025 released Thursday.
Employers would be obliged to investigate concerns raised by whistleblowers under an amendment to the Employment Rights Bill put forward by the House of Lords.
Two people have been arrested on suspicion of money laundering and running an illegal cryptocurrency exchange after an operation in which seven crypto-ATMs were seized, the finance industry watchdog said on Thursday.
Britain's audit watchdog on Thursday proposed amended guidance for companies auditing smaller businesses amid concerns that industry standards do not reflect the needs of firms with less complex requirements.
The European Commission’s recent adoption of proposals to sign the European Union-U.K. competition agreement is a welcome first step toward better policy and enforcement convergence, providing a clearer legal framework for businesses to manage regulatory risk, says Charles Whiddington at Steptoe.
