Source: https://www.redlionchambers.co.uk/fraud-newsletters/
Timestamp: 2019-04-21 14:20:17+00:00

Document:
ACL Netherlands BV v Lynch  EWHC 249 (Ch). Claimant application for leave (as required by CPR 31.22 and 32.12) to comply with US subpoena and disclose to the FBI witness statements and documents served in UK civil proceedings concerning fraudulent manipulation of accounts. Leave refused.
S3 Fraud Act: No legal duty for failing to notify residence in property, therefore no dishonest failure to disclose for council tax purposes. Alternative s2 charges (implied false representation) mooted: D  EWCA Crim 209.
Disclosure ordered despite contravening foreign law: Iranian bank ordered to produce unredacted documents (albeit under confidentiality club provisions) despite risk of criminal penalties in Iran: Bank Mellat v HM Treasury  EWCA Civ 449.
Takhar v Gracefield Developments Ltd  UKSC 13: setting aside a judgment obtained by fraud (forging of key document): in most cases, fraud unravels all: criteria to be applied.
No power to exclude tainted gift to innocent third party from confiscation: Morrison (2019) EWCA Crim 351. Third party rights can be considered at enforcement stage: see Ahmed & Qureshi  EWCA Crim 2599.
Costs: Equity in a home can be considered when making an order: McIntosh  EWCA Crim 231.
AML Supervision by the Legal and Accountancy Professional Body Supervisors: Themes from the 2018 AML supervisory assessments: OPBAS / FCA: Mar 19.
Economic Crime – Anti-money laundering supervision and sanctions implementation: Treasury Committee Report 8 Mar 19: suggesting introduction of a failure to prevent model of economic crime and that the AML framework is not fit for purpose as too fragmented.
Money Laundering and Terrorist Financing controls in higher risk jurisdictions. Updated HM Treasury Advisory Notice: 26 Feb 19.
Review of 2009 OECD Anti-Bribery Recommendation: OECD Consultation: 22 Mar 19. Ends 20 Apr 19.
Special Committee on Financial Crime, Tax Evasion and Tax Avoidance Report: adopted by European Parliament: 26 Mar 19. Recommendations include creation of European financial police, EU financial intelligence unit, and EU AML watchdog.
No-deal Brexit Guidance: Criminal Justice and Security co-operation: Law Society: 28 Feb 19.
SFO s2 interviews: Guidance for lawyers §8(c) amended to allow additional lawyer to attend solely to take notes: 28 Feb 19.
European Parliament Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance Report and recommendations sent to plenary for approval: 27 Feb 19.
Huge Pools of Dirty Money are Europe’s Worst-Kept Banking Secret: Bloomberg Businessweek: 14 Mar 19.
SFO: Secures its first £1.5m forfeiture order from a convicted fraudster: 15 Mar 19.

References: EWCA 
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