News & Events
News & Events
As the lockdown persists and businesses become more desperate, Fiona Horlick QC and Jeremy Scott-Joynt look at why this could mean more corporate bribery and corruption. With spare bedrooms or kitchen table corners continuing to do double duty as office space, many businesses – particularly those whose trade has shrunk – will be aching for a return to normality. However, normal may not return for a long time. Supply chains may shorten. Working practices may change. Long-settled business relationships may be sundered as partners may have ceased to trade. Battered businesses will be desperate for new deals as they seek to keep their staff working. In other words, it’s a perfect time to bribe someone – and the ultimate test…
Covid-19 24 Apr, 2020
Jeremy Scott-Joynt has secured the release of more than half a million pounds in a client’s UK bank account frozen by HM Revenue and Customs (“HMRC”). In late 2019, HMRC had successfully applied (without notice, as is usual) to a magistrate’s court for an Account Freezing Order (“AFO”) over the account, which contained some £550,000. Once the client had been notified that the AFO was in place, his solicitors contacted Jeremy for help. Full details of the AFO regime can be found in this article by Outer Temple’s Oliver Powell and others. In short, AFOs are a relatively new weapon in law enforcement’s AML armoury, having been added to the Proceeds of Crime Act 2002 (Part 5, Chapter 3B, sections…
News 6 Mar, 2020
We are delighted to announce that tenancies have been awarded to current pupils Carin Hunt, Jeremy Scott-Joynt and Patrick Tomison. All three have a further two months of pupillage to complete, and will start the next stages of their careers as full tenants of Outer Temple in September 2019. We’d like to extend a very warm welcome to Carin, Jeremy and Patrick, and wish them every success moving forwards with us! James Counsell QC, Head of Pupillage said: “Carin, Jeremy and Patrick have now been with us for nearly a year and have impressed all with whom they have worked, both within chambers and in their own advocacy work. We are certain that they will have hugely successful careers at…
News 5 Jul, 2019
The possibility of individual prosecutions of senior executives for corporate white-collar crime has arisen once more as a result of a Deferred Prosecution Agreement reached between a subsidiary of multinational outsourcing specialist Serco Group plc (Serco Group) and the Serious Fraud Office (SFO). The DPA, the fifth to be agreed in the UK, also heralds the likelihood that in future parent companies may be expected not just to take responsibility for wayward subsidiaries, but may need to extend remediation group-wide if a DPA is to be in the public interest. SGL agreed to pay a fine of £19.2 million, and the SFO’s costs of £3.7 million. Serco agreed to implement wide-ranging compliance changes across not just SGL but the entire…
News 4 Jul, 2019
Oliver Powell and Jeremy Scott-Joynt were invited by the AMLP Forum, the financial crime and corruption association, to speak at its Annual Anti-Bribery and Corruption Forum in London. Oliver chaired a panel on ‘Investigations – evolving best practice and lessons learnt from latest anti-corruption enforcement cases on both sides of the Atlantic’. Fellow panel members included Gaon Hart, Global Anti-Bribery & Corruption Policy, HSBC Group, and Cheryl Scarboro, Partner, Simpson Thacher & Bartlett LLP. Jeremy spoke on a panel concerning ‘Joint ventures & acquisitions – managing corruption risks in the context of fragility’. Fellow speakers included Jason Hungerford, Partner, Mayer Brown International & Co-Chair of the Tainted Assets Working Group, and Ed Wheatley, Sector Head of Ethics & Compliance, Johnson…
News 22 Nov, 2018
