PRESS RELEASE
12 January 2023

”Transparency Does Not Stop Crime” – John Binns Writes For The Times

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BCL Solicitors LLP

Contributor

BCL Solicitors is a law firm with a single-minded ambition – to achieve the best possible outcome for each and every client. We specialise in corporate and financial crime, regulatory enforcement and serious and general crime. We offer discreet, effective and expert advice to corporations, senior executives, public bodies and high-profile individuals.
BCL partner, John Binns writes for The Times discussing whether additional transparency and enforcement will be effective against economic crime in 2023.
United Kingdom

BCL partner, John Binns writes for The Times discussing whether additional transparency and enforcement will be effective against economic crime in 2023.

Here is a short extract from the article*. If you wish to read the full article, please visit The Times website.

"British corporations often seem encouraged to inhabitan anti-economic crime metaverse, where their focus is not crime or criminals but their own beneficial owners and controllers, as well as people who are "politically exposed", designated under sanctions laws, and/or "connected with" Russia.
By conducting risk assessments and due diligence on such people, and fi ling reports about them, they are deemed to make economic crime less likely. As the new year dawns, the scope and content of that metaverse is vastly increasing.

Last year's twin economic crime bills were mainly concerned with transparency of corporations' beneficial owners. If all goes to plan, 2023 will see the register of overseas corporations that own UK property fleshed out, and Companies House beginning to police the jungle of self-certified information."

*This article was first published by The Times on 05 January 2023. If you wish to read the full article, please visit The Times website.

Please note that you will need a subscription with The Times to access the article.

John Binns is a specialist in proceeds of crime laws, cannabis regulation, sanctions, and tax investigations. He has extensive experience in financial crime, which also involves bribery and corruption, extradition, Interpol, fraud, market abuse, and the conduct of related civil proceedings. He is a prolific writer and speaker on a variety of topics.

PRESS RELEASE
12 January 2023

”Transparency Does Not Stop Crime” – John Binns Writes For The Times

United Kingdom

Contributor

BCL Solicitors is a law firm with a single-minded ambition – to achieve the best possible outcome for each and every client. We specialise in corporate and financial crime, regulatory enforcement and serious and general crime. We offer discreet, effective and expert advice to corporations, senior executives, public bodies and high-profile individuals.

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