i-law

Financial Crime

LLR: Financial Crime

KNZ v COMMISSIONER OF POLICE OF THE METROPOLIS
[2025] Lloyd's Rep FC 473
Regulation of Investigatory Powers Act 2000 (“RIPA”) – RIPA, section 49 Notice – Human Rights Act 1998, section 7 – Sexual Offences Act 2003, section 4 – RIPA, section 65(2)(a) and 65(2)(b).
R v HAYES AND PALOMBO
[2025] Lloyd's Rep FC 419
Dishonesty – Legal directions – LIBOR – EURIBOR – Appeals.

Money Laundering Bulletin

EU enters the AMLA era - first term report
The race, not merely to level the anti-money laundering playing field in the European Union but ensure that all member states are fully engaged and pull together as a team, is on, if off to an uneven start. The Anti-Money Laundering Authority, tasked to drive consistent supervision across the bloc, is building capacity in Frankfurt. Outside financial services, though, obliged entities in many sectors remain below threshold compliance standards, and some countries have already missed the first of many deadlines for AML VI Directive implementation. Sara Lewis reviews the progress from Brussels.
Online Published Date:  14 Jan 2026
Appeared in issue:  330 - 01 Feb 2026
28% of frozen criminal assets permanently recovered in UK
Just over one pound in every four of suspected criminal assets frozen in the UK has been permanently recovered since 2018, according to a study from London-based campaign group Spotlight on Corruption.
Online Published Date:  07 Jan 2026
Appeared in issue:  330 - 01 Feb 2026

Fraud Intelligence

HSBC pays €267.5m in France to end dividend tax case
Global bank HSBC has agreed to pay €267.5 million (US$331.6 million) to the French treasury to settle a long-running case of alleged dividend tax payment fraud, Pascal Prache, the lead prosecutor at the National Financial Prosecutor's Office (Parquet National Financier - PNF), has said.
Online Published Date:  15 Jan 2026
Appeared in issue:   - 02 Dec 2025
Closer than ever - AI in analytics
Second-guessing where fraudsters might strike next has long been a hit and miss affair but armed with artificial intelligence, better can be expected of predictive analytics, finds Keith Nuthall, in Ottawa; Peter Taberner, who writes from Leicester, UK: and Brenda Dionisi, based in Milan.
Online Published Date:  14 Jan 2026
Appeared in issue:   - 02 Dec 2025

Supreme court coverage in Lloyd's Law Reports: Financial Crime

Latest Supreme Court case reported in Lloyd's Law Reports: Financial Crime

https://static.i-law.com/ilawResponsive/prod/publications/Apr-2025/29/3585ac74-e555-4a0e-9caf-41b8490facf1-FCPt3Cover.jpg

El-Khouri v Government of The United States of America [2025] UKSC 3; [2025] Lloyd's Rep FC 87

With a commentary written by Rachel Cook, of Counsel, Peters & Peters Solicitors LLP, this case clarifies and simplifies the test for conduct and determining jurisdiction with regards to extradition. However, the Supreme Court acknowledged the simplicity of applying the test in this case, and practitioners are left with potential difficulties arising in more complex scenarios with conduct occurring across multiple jurisdictions.

Financial Crime Search

Compliance Monitor

Wealth managers ordered to review complex ETPs as market soars
Firms selling products at the complex end of the exchange traded products (ETPs) market are instructed by the FCA to review their procedures after it found "unclear disclosures" and other issues in an examination of practices by a range of wealth managers of different sizes.
Online Published Date:  12 Jan 2026
Appeared in issue:  Vol 38 No 5 - 01 Feb 2026
Confiscation order secured against second Currie brother after P2P platform fraud
The FCA has succeeded in obtaining a confiscation order against Andrew Currie, a year after it was granted permission for one against his brother Peter.
Online Published Date:  09 Jan 2026
Appeared in issue:  Vol 38 No 5 - 01 Feb 2026
Consultation sets out Value for Money DC pension scheme ratings
A consultation has been launched that proposes from 2028 to include performance as a top-line issue in the regulation of Defined Contribution (DC) pension schemes.
Online Published Date:  08 Jan 2026
Appeared in issue:  Vol 38 No 5 - 01 Feb 2026

Copyright © 2026 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.