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Financial Crime

Money Laundering Bulletin

MEPs push back against ECJ ruling on beneficial ownership register access

Key European Parliament committees have pushed back against the European Court of Justice (ECJ) ruling last November [2022] that said the European Union (EU) had allowed excessive access to beneficial ownership registers, breaching EU privacy rights.
Online Published Date: 
28 Mar 2023
Appeared in issue: 

William Hill fined £19.2m in UK over AML gambling and social responsibility failings

The William Hill Group will pay penalties totalling UK£19.2 million (US$23.6 million) after the UK Gambling Commission found that three of its companies had breached anti-money laundering and social responsibility obligations.
Online Published Date: 
28 Mar 2023
Appeared in issue: 

Money Laundering Bulletin Twitter Feed

Fraud Intelligence

EU honey probe reveals almost half of import samples contain impurities

Better analytical capabilities should be implemented to reduce the incidence of adulterated honey imported into the European Union (EU), industry observers claim after a testing programme revealed almost half of the samples were fraudulently labelled.
Online Published Date: 
29 Mar 2023
Appeared in issue: 

When litigating a fraud claim...

The costly and time-consuming process of litigation is always a last resort, with 90 per cent of civil claims reaching settlement before judgment. But, if approached from the outset with a clear strategy, a sound evidential basis and a clinical approach amid a fraught situation, each party can achieve the best of settlement outcomes. PwC's Carla Matthews walks us through the process.
Online Published Date: 
25 Mar 2023
Appeared in issue: 

Fraud Intelligence Twitter Feed

Compliance Monitor highlights

Managing ESG risk for financial institutions

With ESG concerns now at the forefront of public and industry agendas, firms that slip up find themselves exposed to potential reputational, stakeholder, litigation and regulatory fallout.


In for a penny in for a digital pound?

A proposed retail UK central bank digital currency would be a new form of sterling, similar to a digital banknote, issued by the Bank of England for everyday use by households and businesses.


What’s ahead for consumer finance?

Once again, 2023 promises to be a year of regulatory change. 

Compliance Monitor Twitter Feed

Financial Crime Search


LLR: Financial Crime


[2023] Lloyd's Rep. FC 48
Preliminary issue - Financial services - Statutory interpretation of section 9 of the Crime (International Co-Operation) Act 2003 - Use of material obtained through mutual legal assistance - Whether claim should be struck out as an abuse of process.


[2023] Lloyd's Rep. FC 72
Crime - Corporate offending - Corruption - Guilty plea - Bribery Act - Bribery - Failure to prevent - Sentencing - Compensation - Confiscation - Cooperation.


[2023] Lloyd's Rep. FC 35
Confiscation orders - CV fraud - Benefit from particular criminal conduct - Recoverable amount - Disproportionality.

LLR: Financial Crime Plus


[2023] Lloyd’s Rep. FC Plus 2
Confiscation proceedings


[2023] Lloyd’s Rep. FC Plus 3
Disclosure - Failure to disclose material relevant to legal applications - Decisions regarding conduct of defence case - Abuse of Process - Application to adduce guilty pleas - Safety of convictions.