Media Mentions, Money laundering - Written by on Tuesday, November 9, 2010 13:36 - 0 Comments

Don’t get POCA’d

Print Friendly

Barry and Richard write on one of our favourite blogs (FCPA Blog) about UK anti-money laundering laws where an offence under the Proceeds of Crime Act (POCA) may still be committed even if the organisation has a defence under the Bribery Act.

The outcome: even more severe penalties (14 years in jail instead of 10) than those under the Bribery Act…

We encourage all our readers to follow www.fcpablog.com. While the UK Bribery Act is different to the US Foreign & Corrupt Practices Act (FCPA) the Bribery Act has the FCPA in its DNA.

Investigations underway in the US (for example those into the pharmaceutical industry) and the historical approach of the US courts in this area are a useful indicator of factors UK courts may take into account when applying UK legal principles to prosecutions under the Bribery Act.

Share Button


Comments are closed.

Brought to you by...

Barry Vitou &
Richard Kovalevsky Q.C.

The views expressed on this website are those of Barry Vitou & Richard Kovalevsky QC and/or our guest authors from time to time. Please see our terms of use

Our Tweets

Monday, July 23, 2018 10:03

UK Court rules a suspect in a criminal investigation has reasonable expectation it will be kept private… https://t.co/CaV8n2VLsu

Monday, June 25, 2018 14:08

Roll up, roll up…House of Lords Bribery Act Committee calls for evidence on Bribery Act & Deferred Prosecution Agre… https://t.co/7G3eXKbT7O

Wednesday, June 6, 2018 9:13

Opinion: New Serious Fraud Office Director Appointment reflects Americanisation of UK Corporate Crime Enforcement a… https://t.co/F7pRFyNPZy