Our Summer 2021 briefing, collates recent domestic and international developments in the area of white collar and economic crime.

In this briefing, our White Collar Crime & Investigations team examine the following issues:

• Norwich Pharmacal Orders
• Protected disclosures to be extended to include breaches of EU Law across financial services and the prevention of money laundering and terrorist financing
• The Criminal Procedure Act 2021
• UK Law Commission opens consultation on corporate criminal liability
• Office of Director of Corporate Enforcement to be granted enhanced investigatory powers
• UK Serious Fraud Office enters into a £103m Deferred Prosecution Agreement
• Investment banks fined €371m by the European Commission for participating in European Governments Bonds Trading Cartel
• The Revenue Commissioners could increase the risk of self-incrimination when making “Qualifying Disclosure” on undeclared tax liability
• Financial Action Task Force publishes report on environmental crime and money laundering
• European Commission proposes creation of EU Anti-money Laundering Authority
• The High Court refuses order sought by the ODCE in its investigation into the FAI
• The Government approves legislation to establish the Corporate Enforcement Authority
• New perjury legislation is commenced