WHITE COLLAR CRIME – THREAT TO THE INNOCENT?

Under its new US director Lisa Osofsky, the Serious Fraud Office (SFO) has stated a desire to deploy more “US tactics” in the course of its work and in particular, to use “insiders” and “co-operators” as witnesses for the prosecution. What could this mean for City professionals, particularly in the context of the Senior Managers Certification Regime (SMCR)?

As one of three British FX traders acquitted in New York in October last year of offences which could have landed them in US jails for a long time, Chris Ashton has first hand experience of being at the sharp end of “US tactics”. There is much to reflect on in that case about the perils and shortcoming of such an approach, and in particular, the use of prosecution witnesses offered immunity in return for testimony.  Alan Ward of Stephenson Harwood, who represented Chris, will be assessing with him what happened in this case, and the lessons that the UK financial community might learn from it.  After the discussion, there will be a chance to meet Chris and Alan informally over drinks.

This event is being organised by our friends at the Chartered Institute for Securities & Investment. If you would like to attend what promises to be a fascinating discussion, please RSVP (below) ASAP to take up one of the complementary places available to ACI UK members.

Date: Tuesday 16 July 2019
Time:  18:00-19:30
Venue: Grant Thornton, 30 Finsbury Square, Finsbury, London EC2A 1AG   *VENUE CHANGE*
RSVP: Sue Attwood / Tina Kane