October 2021 News
Failure and Fault:
What NatWest’s £400m fine tells us about corporate liability for money laundering
John Binns, partner in the Financial Crime team at BCL Solicitors LLP. considers whether NatWest’s guilty plea last week to failures under the UK’s money-laundering regulations – but is it right to call this a ‘failure to prevent’ by the bank?
September 2021 News
Greenwashing claims face CMA enforcement action in the new year
As the Competition and Markets Authority issued its final guidance on misleading environmental claims and fired a warning shot to businesses- either secure compliance now or face enforcement action, Richard Reichman, partner in the regulatory team at BCL Solicitors LLP, analyses the compliance risks for businesses. Against the background of the UK’s aim to achieve ...
August 2021 News
Tracking the crypto underworld: law and order… and tech
By Robert Jones, Managing Partner of Baker & Partners (Cayman) Limited, and Peter Eguae, barrister, 7 Bedford Row At the time of writing, each bitcoin is worth just over US$50,000. With the right tools anyone, anywhere in the world, is unilaterally able to store or transfer crypto assets – whether peer-to-peer or via the ...
July 2021 News
SFO agrees tenth Deferred Prosecution Agreement – good money, but do they work?
Following the announcement by the Serious Fraud Office that Amec Foster Wheeler Energy will pay a £103m penalty in a Deferred Prosecution Agreement to settle 18 years of corruption allegations, Alex Swan at BCL Solicitors examines the implications of these much-criticised agreements between regulators and companies.
July 2021 News
TikTok faces landmark legal claim following the illegal collection of millions of children’s personal data
Scott+Scott Partner Tom Southwell and Counsel James Hain-Cole explain the landmark High Court claim against TikTok, and parent firm ByteDance, over the illegal collection of, and profiteering from, children’s personal data.
June 2021 News
Barrister, QC, judge, alcoholic…and a brave man
Any publication daring to print the above headline would normally anticipate only one response: a writ for defamation, swiftly issued by solicitors acting on behalf of the man whom it describes. Unless, of course, those words told the truth.
May 2021 News
Green light on data class actions? Supreme Court to decide Google’s fate
Herbert Smith Freehills disputes partner Julian Copeman and Consultant Kate Macmillan explain the landmark Supreme Court case that will decide whether Google can face a claim over alleged illegal tracking of millions of iPhone users.