Fraud

Following the introduction of the Economic Crime and Transparency Bill, the Serious Fraud Office (SFO) has welcomed the Bill's provisions to expand the SFO's investigative powers. 

The Autonomy judgment & the lessons lawyers can learn from ‘fraud on a grand scale’, by Ceri Morgan

The House of Commons Foreign Affairs Committee has published the second report of session 2022-23, entitled ‘The cost of complacency: illicit finance and the war in Ukraine’. The report welcomes the Economic Crime (Transparency and Enforcement) Act 2022 (EC(TE)A 2022), but concludes that the measures do not go far or fast enough and do little to address the fundamental mismatch between the resources of law enforcement agencies and their target

Has the SFO’s pursuit of corporate scalps undermined its original mission? Neil Swift reports on its successes & shortcomings

The Court of Appeal has opened the floodgates for customer claims against banks arising from fraudulent payments: Caroline Harbord & Nicholas Owen discuss what may come next

Pyramid or ponzi schemes are on the rise amid an overall 42% jump in reported financial investment fraud, according to Office of National Statistics figures, published last week

The Justice Committee has issued a call for evidence on the criminal justice system’s approach to tackling fraud, which accounts for about half of all crimes

Lydia Danon, Rosie Wild and Andrew Flynn reflect on a useful and enduring tool for parties to a contractual claim and their lawyers

Alan Sheeley, Emilie Jones & offshore specialists from Appleby discuss the key role of third-party disclosure to tackle offshore fraud

The House of Commons Library has published a research briefing on the Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill 2021–2022, which provides for the financing of the London Capital & Finance plc Compensation Fund and the Fraud Compensation Fund