‘Glaring defaults’: SDT hits Clyde & Co with record fine under anti-money laundering rules

‘Glaring defaults’: SDT hits Clyde & Co with record fine under anti-money laundering rules

In the joint-largest fine ever handed down to a law firm, in March Clyde & Co was hit with a £50,000 penalty for breaching accounting and money laundering rules. In a Solicitors Disciplinary Tribunal (SDT) decision, Clydes corporate partners Christopher Duffy and Simon Gamblin, alongside projects partner Nick Purnell, all received individual fines of £10,000. …

City partners eye white-collar crime mandates as Tesco plea bargain gets green light

City partners eye white-collar crime mandates as Tesco plea bargain gets green light

Tom Baker speaks to corporate crime specialists as Freshfields advises supermarket on UK’s fourth-ever DPA and hires top SFO lawyer Last month the fourth deferred prosecution agreement (DPA) in UK history was approved by judge Sir Brian Leveson, enabling Tesco to pay a £129m fine and escape criminal charges relating to the false accounting scandal …

Client profile: Nilema Bhakta-Jones, Ascential

Client profile: Nilema Bhakta-Jones, Ascential

The media company’s group legal director discusses how her personal approach took her to the top of her game At the age of 19, while doing work experience for a duty solicitor, Nilema Bhakta-Jones was called to Nuneaton police station, finding herself in a mostly empty set of cells at 1am. One cell was occupied …