Entries in United Kingdom (120)
The British peer in charge of parliamentary ethics quit the House of Lords Tuesday after photos showed him apparently wearing an orange bra and snorting cocaine off a prostitute's breasts.
The circumstances in which a money laundering offense may also constitute a substantive criminal offense was the subject of a UK Supreme Court decision last week.
The FCPA Blog is a fanboy of the UK Serious Fraud Office. Partly because we enjoy the way the SFO talks. An example is the guidance it posted about where to find graft and how to recognize it.
On December 18, 2014 the UK Government issued its long awaited “UK Anti-Corruption Plan.” The plan sets out over sixty action points for the Government and its partners, organized around four key themes of “Pursue,” “Prevent,” “Protect” and “Prepare."
The English civil law remedies arising from a contract that is subsequently infected by bribery were recently the subject of consideration in the case of Tigris International NV v China Southern Airlines Company Ltd & Anor  EWCA Civ 1649 (17 December 2014) [paragraphs 128-145]. Although, the case did not involve allegations of bribery, the alleged breaches of fiduciary duty involve the same principles.
The issue of who regulates the regulators was thrown into sharp focus following the publication of a rather costly (£3.15 million / $4.95 million) independent report into the UK Financial Conduct Authority's media and financial market management.