The following case demonstrates the firm resolve of the Jersey authorities to combat international financial crime and money laundering by freezing the assets of criminals. Speaking after the trial, Attorney General Robert MacRae QC said – It shows that Jersey is no place to hide the proceeds of crime, although at this time there is […]

The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions and this week’s orders mean a total of £2,195,496 will be confiscated from all eight defendants. […]

Criminal liability of corporations entered into force in Switzerland in October 2003 although only a small number of prosecutions have been conducted against corporations so far most notably the failed Swiss Post CASE– see below.  However, as evidenced by recent the Coutts affair and public announcements from the Office of the Attorney General of Switzerland in […]