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02 May 2014
Issue: 7604 / Categories: Features
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Book review: International Guide to Money Laundering Law and Practice (Fourth Edition)

"This edition should have a place in every practitioner’s library"

Authors: Arun Srivastava, Mark Simpson, Nina Moffat
Publisher: Bloomsbury
ISBN: 9781847669797
Price: £225

Just as the fourth edition of this invaluable guide is published to update us on all that has happened since the last edition in December 2009; so it is that recent events demonstrate already that there will be much to write about when the hard working editors come to consider a fifth edition in a few years time.

Recently the bitcoin crypto-currency has been in the news with the closure of the Silk Road website and the collapse of Mt Gox and Flexcoin, one a bitcoin exchange and the other a bank. Whatever may be the fate of bitcoin, there are sure to be other crypto-currencies in the future, independent of any central bank control and an obvious attraction for money launderers. This book rightly points out that the international community will have to legislate to combat the threat to the global financial system posed

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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