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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

Clarke Willmott—Anita Rasaratnam

Clarke Willmott—Anita Rasaratnam

Clarke Willmott strengthens social housing development offering with senior London appointment

Trowers & Hamlins—David Meecham

Trowers & Hamlins—David Meecham

Trowers strengthens Birmingham real estate team with partner hire

Blake Morgan—Jennifer Ray & Louise Culleton

Blake Morgan—Jennifer Ray & Louise Culleton

Blake Morgan expands private client and regulatory teams with new legal directors

NEWS
A mood of cautious optimism has enveloped the criminal law sector following indications the Prime Minister may abandon planned jury reforms
Helping to source the services and providers you need
The Senior Courts Costs Office has clarified that judges conducting detailed assessment proceedings cannot order security for costs—a ruling that may leave successful parties exposed to further litigation expense
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
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