Financial crime

Featured guidance
Financial crime guidance:

Deferred Prosecution Agreement A Deferred Prosecution Agreement (DPA) is an agreement between a prosecutor and an organisation facing prosecution for an alleged economic...

Practice Note

What is asset stripping? Asset stripping involves taking company funds or assets while leaving behind the debts. Sometimes directors then transfer only the assets of a...

Practice Note

What is a boiler room fraud? Boiler rooms are the names ascribed to high pressure sales environments. The idea is that the sales environment creates the pressure of a...

Practice Note

Breach of a DPA The procedure for the circumstances in which a prosecutor believes that an organisation may be in breach of a DPA is set out in paragraph 9 of Schedule 17...

Practice Note

Fraud—what is it? Fraud can best be described as the deliberate or intentional use of misrepresentation, deception or dishonesty to deprive, in order to make a gain or...

Practice Note

This Practice Note explains counter-terrorist financing (CTF), including the offences and obligations contained in the Terrorism Act 2000 (TA 2000) and related...

Practice Note

ARCHIVED: This archived Practice Note is not being maintained. It tracked the passage of the Bill through Parliament to its publication as an Act, and highlighted key...

Practice Note

ARCHIVED: This archived Practice Note is not being maintained. The Money Laundering Regulations 2007, SI 2007/2157, (MLR 2007, SI 2007/2157) were revoked and replaced by...

Practice Note

Introduction to cybersecurity in financial services firms In the wake of continued escalations in phishing and denial of service attacks against banks and other financial...

Practice Note

Authority to conduct a dawn raid The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) can carry out dawn raids on the premises of firms...

Practice Note

What is a deferred prosecution agreement? A deferred prosecution agreement (DPA) is an agreement between an organisation and a designated prosecutor to enable the latter...

Practice Note

This Practice Note explains the process of the designation of sanctions targets by the UN, EU and in the UK under the Terrorist Asset-Freezing etc Act 2010 (TAFA 2010)....

Practice Note

When does a deferred prosecution agreement expire? A deferred prosecution agreement (DPA) usually expires on the date specified as a term of the agreement, unless it is...

Practice Note

What are deferred prosecution agreements? Deferred Prosecution agreements (DPAs) were introduced by the government in the Crime and Courts Act 2013 (CCA 2013). The power...

Practice Note

Which organisations will be suitable for DPA negotiations The Deferred Prosecution Agreement Code of Practice (DPA Code) for prosecutors is intended to guide prosecutors...

Practice Note

Who are the enforcers under the Consumer Credit Act 1974 From 1 April 2014 enforcement of the Consumer Credit Act 1974 (CCA 1974) became the responsibility of the...

Practice Note