New disclosure rules have recently come into force for UK companies. Transparency around beneficial ownership was one of the key debates at the Anti-Corruption Summit in London earlier this year. Under changes brought into the UK on 6 April 2016, companies and LLPs subject to the Small Business, Enterprise and Employment Act 2015 are now required […]
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Harry Potter Solicitor Struck off by SRA
The Solicitors’ Regulatory Authority (SRA) has struck off a solicitor for accounts breaches and making false statements regarding his employment and education background. Alan Blacker who was previously dubbed the ‘Harry Potter’ solicitor was brought before the Solicitors’ Disciplinary Tribunal following what was described as a difficult investigation by the SRA. Read the full SRA […]
Indifference to ethical business conduct is death for organisations
According to James D Ratley CFE, The President of the Association of Certified Fraud Examiners, indifference to ethical business conduct is death for organisations. He sees ethical tone from the top and encouraging whistleblowers as essential key corner stones of an effective anti-fraud, bribery and corruption strategy. You can read is full comments here. Our resource centre […]
Logistics and Freight company F.H. Bertling Charged with Fraud
The Serious Fraud Office today charged logistics and freight operations company F.H. Bertling Ltd and seven individuals with one count of making corrupt payments, contrary to section 1 of the Prevention of Corruption Act 1906. These charges relate to a period prior to the introduction of the UK Bribery Act 2010. Our resource centre provides […]
Latest SFO Deferred Prosecution Bribery Case
The UK Serious Fraud Office’s second application for a Deferred Prosecution Agreement (DPA) was approved today. The firm involved is a UK SME with a US parent company but it cannot currently be named due to ongoing, related legal proceedings. The SME was the subject of an indictment alleging conspiracy to corrupt, contrary to section 1 […]
Bribery Laws Breached – could any of these apply to your organisation?
Payments to a consultant hired to help it do business in China and Macau; Bribes paid to a former official of a Venezuelan state-owned bank; Bribes paid by foreign subsidiaries to Chinese officials; Improper payments in Russia and other countries; Bribing an official at the European Bank for Reconstruction and Development; Bribing officials at Venezuela’s […]
National Food Crime unit launches new Food Crime reporting hotline
The National Food Crime Unit has today launched ‘Food Crime Confidential’ – a reporting facility where food crime can be reported safely and in confidence, over the phone and through email. Read more at the Food Standards Agency. Would your staff or customers know how to report concerns to an external confidential whistleblowing helpline.
Unregistered Gas Engineers sentenced for putting tenants at risk
In separate cases two unregistered gas engineers have been sentenced for putting tenants at risk in rented homes. In the first case an investigation by the Health and Safety Executive (HSE) found that he worked on warm air units when he was not competent to do so and not Gas Safe-registered to do the work. In […]
UK Government Plan to Reduce Anti-Money Laundering and Counter-Terrorist Finance Compliance Burden for Businesses
The recent government Action Plan for Anti-Money Laundering and Counter-Terrorist Finance contains 19 planned Actions across three priorities: a more robust law enforcement response; reform of the supervisory regime, and increase the UK’s international reach to tackle money laundering and terrorist financing threats. It is the second of these priorities which will be of particular interest to […]
Online extortion demands affecting businesses
Action Fraud UK have warned that within the past 24 hours a number of businesses throughout the UK have received extortion demands from an online hacking group. The group have sent emails demanding payment of 5 Bitcoins to be paid by a certain time and date. The email states that this demand will increase by […]
