Reducing financial crime is a key priority for regulators, authorities and governments globally. Our financial crime team is experienced in advising clients on all types of financial crime including fraud bribery and corruption, money laundering, sanctions busting, and market abuse. A single set of facts can often give rise to related parallel proceedings - civil, criminal, regulatory and disciplinary – in a number of jurisdictions, simultaneously. We understand the complex interplay between different forums and different jurisdictions, and provide a “one-stop-shop” to service your needs on a global basis.
Our experts give practical advice on how to use the powers of the civil and criminal courts to obtain and preserve evidence, secure assets and recover the proceeds of crime. We also help clients respond to production orders, preserve privilege and respond appropriately to dawn raids by criminal and regulatory authorities.
We help clients investigate a suspicion of financial crime, instruct private investigators, interview witnesses and gather evidence to the required standard of proof. We can also assist you with employment issues arising out of the investigation.
We are familiar with cross-border processes for extradition and mutual legal assistance in the gathering of evidence. We have regulatory expertise and experience of working with the FCA and other international regulators.
Regulators in the UK and the US have demonstrated a willingness to impose tougher penalties for breaches of regulations, particularly in the area of bribery and corruption where some unprecedented fines have been levied. US prosecutors have also levied large fines against non-US financial institutions for breaches of economic sanctions. We expect to see the regulator address systems and controls issues in these areas and we are experts in advising clients on the policies and procedures required to keep the regulator at bay.
Notable deals / highlights:
Advising a financial institution on interactions with a Libyan owned bank.
Acting for a bank assisting a police investigation by providing documents and evidence pursuant to police warrants.
Acting for a financial institution responding to an SFO section 2 notice pursuant to a request for mutual legal assistance from the US FBI.
Advising business in the regulated sector facing prosecution for failing to make a SAR pursuant to the Proceeds of Crime Act.