Insider dealing is a serious charge, one that comes with considerable consequences if an individual is found guilty. It’s a complex area of law which can create confusion. In this guide, we look at insider…Read more

We rely on the opinions of professionals to help us make important decisions about, for example, our legal and financial affairs. This work can be extremely complex, and if the advice we receive isn’t up…Read more

The process of pursuing civil litigation sounds simple enough. When a dispute arises you set out a claim against your opponent and detail the resolution you require. If that doesn’t happen, you then issue a…Read more

Litigation is the principal means by which parties in England and Wales attempt to resolve civil disputes. The process is governed by the Civil Procedure Rules (CPR), and each party has to persuade a judge…Read more

What is a Cifas marker? CIFAS stands for ‘Credit Industry Fraud Avoidance System‘, a not-for-profit fraud prevention membership organisation. It operates as a fraud prevention service, and manages the largest database of fraudulent conduct instances…Read more

Natural Fraud Database CIFAS fraud markers are adverse judgements through which one institution, be it a bank, loan company or an insurer, for example, can warn another about risks associated with a potential customer. CIFAS…Read more

What the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill means for directors. As we emerge from lockdown many company directors have difficult decisions to make. Notwithstanding the dreadful effect the pandemic has had on…Read more

Not without reason do civil litigation proceedings have a reputation for being both lengthy and potentially costly.  Therefore, it’s important to have a clear understanding of what proceedings will entail before they are entered into….Read more

If you are notified that your business has been reported for tax evasion the whole process can be incredibly stressful and daunting. It can have range of consequences both personally and for your business. Many…Read more

If you are being investigated for tax evasion it is highly likely that HMRC has discovered irregularities which it believes are suspicious or has found inconsistencies in your tax return or company accounts. Using a…Read more

HMRC’s policy is to deal with most tax fraud and evasion cases through civil investigation. It does this by making use of the Contractual Disclosure Facility (CDF) procedures, but retains the right to begin criminal…Read more

Following the release of the judgment in PCP and Barclays, one of our directors, Tim Thomas, spoke to Bloomberg about the potential repercussions for senior bank figures John Varley and Roger Jenkins, despite the claim…Read more

We are often asked how common civil tax investigations are. The accurate figures are difficult to quantify, but some have been released because of Freedom of Information requests in the past. These usually relate to…Read more

Managing Director, Ben Richardson quoted in the Law Gazette in relation to an article regarding HMRC Investigations. https://www.lawgazette.co.uk/features/cold-hard-cash/5106091.article…Read more

Tim Thomas, Director and Head of Financial Services Regulation, talks to Bloomberg about the recent acquittal of Konstantin Vishnyak: Bloomberg: Hitting delete was better than the panic button for ex banker…Read more

The FinCEN leak will surprise no experienced lawyers advising UHNWIs (Ultra-High Net Worth Individuals) and their professional advisers.  The irony of the disclosure by International Consortium of Investigative Journalists (ICIJ) and the recent BBC Panorama…Read more

The recent announcement by the Financial Conduct Authority (FCA) of guidance for companies in the medicinal cannabis sector, thinking about listing on UK exchanges, is a welcome development.  While the 2018 legalisation of medicinal cannabis…Read more

Despite best efforts to ensure that your business is compliant with IR35 legislation, HMRC may still  open an investigation. If you receive notification of an investigation , it is important not to panic. Being prepared…Read more