Corporate Crime and Investigations - Financial Crime Hot Topics

Ruby Hamid and Andris Ivanovs from Ashurst's Corporate Crime & Investigations team discuss hot topics in financial crime, including a round up on the latest developments in fraud and sanctions

The discussion centres on three critical areas: fraud, money laundering, and sanctions. On fraud, they examine its growing international dimension and question whether the new failure to prevent fraud offence truly addresses consumer risk.

The conversation on anti-money laundering covers the position of the UK and EU and highlights the increasing regulatory expectation for firms to engage in deeper, ongoing customer due diligence.

Finally, the discussion addresses sanctions, where the risk of divergence between the UK, EU, and US regimes – particularly in the context of the Russia sanctions – is a growing concern for multinational businesses.