[2007] EWCA Civ 406 SOCA could be subject to judicial review for refusing to revisit its decision refusing consent. http://www.bailii.org/ew/cases/EWCA/Civ/2007/406.html

[2004] EWHC 1529 http://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWHC/Comm/2004/1529.html&query=tayeb&method=all

[2009] EWHC 2307 (QB) A claim by the Serious Organised Crime Agency in which it was held that the court could make a recovery order under Part 5 of the Proceeds of Crime Act 2002 in relation to a false statement in a mortgage application form, albeit this particular application was unsuccessful. The court stressed […]

Our regular round-up of those hitting the headlines for money laundering in the last few months. Read more=http://www.lawsociety.org.uk/news/stories/launderers-in-the-news-january-2014/?utm_source=emailhosts&utm_medium=email&utm_campaign=AML+-+29%2F01%2F2014

BDO LLP’s annual FraudTrack report finds that the total value of reported money laundering offences has risen to £288m – a 309 per cent rise on 2012. The report’s authors cite ‘the ever increasing regulatory and compliance burden’ as one reason behind the increase. Read more=http://www.bdo.co.uk/press/bdo-fraudtrack-report-reveals-sharp-increase-in-money-laundering-in-the-uk?utm_source=emailhosts&utm_medium=email&utm_campaign=AML+-+29%2F01%2F2014

In the wake of the UK government’s commitment to implement a publicly accessible central registry of company beneficial ownership information, Jo Riddick of Macfarlanes considers the implications of a register of beneficial owners of trusts. Read more = http://www.lawsociety.org.uk/advice/articles/trusts-and-beneficial-owners/?utm_source=emailhosts&utm_medium=email&utm_campaign=AML+-+29%2F01%2F2014  

A brief update on developments as we enter the final stages of the legislative process. Read more = http://www.lawsociety.org.uk/advice/articles/fourth-directive-update/?utm_source=emailhosts&utm_medium=email&utm_campaign=AML+-+29%2F01%2F2014

Following significant engagement with the Central Bank, the Irish Funds Industry Association (IFIA) has concluded industry specific anti money laundering guidelines. It is important to note (see para 1 of the Sectoral Guidelines) that; These Guidelines should be read in conjunction with the published Core Guidelines on the prevention of the use of the financial […]