Training & Knowledge: June 2014

23rd Jun 2014Blog

The proceeds of crime act 2002: Is it fit for purpose?

In the conjoined cases of R v Ahmad; R v Fields [2014] UKSC 36, the Supreme Court last week gave further guidance on the calculation of ‘benefit’ in multi-handed confiscation proceedings brought under the Proceeds of Crime Act 2002 (“the Act”). Whilst the primary purpose of the judgment was to cast light on this notoriously […]

12th Jun 2014Blog

Regulation regulation regulation: The new gold standard?

The Chancellor of the Exchequer’s annual Mansion House speech later today is expected to announce unprecedented regulation of the £3 trillion-a-day foreign exchange market following allegations of manipulation. George Osborne plans to opt out of the European Directive on market abuse, due to come into force in 2016, and instead will announce the extension of […]