"A fine white-collar crime expert……very much on the way up in the serious fraud world" Chambers and Partners 2011.
Jason is a specialist in business related crime and regulatory financial services (FSA) litigation. He is currently ranked as a leading Junior in fraud by both Chambers and Partners (Band 2) and the Legal 500. In both his criminal and FSA matters Jason is often instructed at the very outset of an enquiry, becoming an integral part of the defence team, advising in connection with strategy, document requests and interview preparation.
Business crime
In his defence focussed fraud practice Jason continues to be instructed in relation to some of the more complex criminal investigations and prosecutions. Jason’s extensive FSA experience means that he is rapidly becoming a Counsel of choice for individuals and firms facing criminal investigation by the regulator. The last 2 years has seen Jason instructed in 7 separate FSA criminal investigations for insider dealing, market abuse and market manipulation. Present instructions include defending the former finance director of ISOFT PLC in relation to allegations of market manipulation and, pre-charge, Jason is also acting for an individual following the FSA's raids in March 2010 on a number of financial institutions.
Jason's practice is however wider than criminal cases brought by the FSA. Jason has also recently acted for a Managing Director charged with fraud, a Director charged with exporting military goods to Iran without a license and for a Managing Director charged with money laundering and importing counterfeit Viagra. Since 2007 Jason has acted for a Company Director charged with conspiracy to defraud National Westminster Bank of £20m, a dentist charged with defrauding the NHS of £750,000 and an individual in connection with a large mortgage fraud. For a number of years Jason was also instructed by a corporate defendant in Operation Holbein, the SFO's failed prosecution relating to alleged price fixing in the pharmaceutical industry. Jason is widely regarded as an expert in POCA related issues (he has been instructed in connection with a number of investigations arising out of Operation Rize) and he writes and lectures widely on his areas of expertise.
FSA
Jason successfully combines his “business crime” criminal practice with specialist financial regulatory advice. Over the last 10 years he has advised firms and individuals in relation to over 50 FSA enforcement investigations and associated proceedings. Many of those investigations often result in no public outcome. Having worked previously in senior positions at both the Financial Services Authority and at Allen & Overy LLP, Jason has a unique insight and is able to provide pragmatic and commercial advice, while at the same time recognising the sensitivities of the regulatory relationship. Jason is currently instructed by leading "City" solicitors on behalf of both firms and individuals in relation to a number of FSA investigations concerning alleged breaches of FSA Rules and Principles and for market abuse. In addition, he has recently acted for a number of firms in relation to FSA supervisory interventions through the use of the OIVOP procedure.
Recent published cases include FSA-v-Gower, FSA-v-Chhabra and FSA-v-Wills and Co Stockbrokers. Jason is also currently instructed by the former Finance Director of a PLC sub prime lender in relation to allegations of market abuse and PRIN 1. Jason has also acted for a number of individuals in relation to their applications for FSA approval and advises regularly on regulatory reporting, perimeter, authorisation and supervision issues.
Jason is a formidable advocate and appears regularly before the Regulatory Decisions Committee of the FSA, the Upper Tribunal and the Crown Court.
Jason is able to accept instructions on a direct access basis in appropriate cases.
Key Cases - business crime
- FSA-v-Littlewood and others (2011) –ongoing Southwark Crown Court
- FSA-v-Whelan and others – (2011)ongoing Southwark Crown Court
- FSA-v-R - pre–charge FSA investigation
- R-v- Hickman and others (2009) -Southwark Crown Court
- R-v-Nik and others (2009) - Southwark Crown Court
- R-v-Norton Healthcare Limited and Others (2008) Southwark Crown Court
- R-v-Lee and others (2008) - Southwark Crown Court
- R-v-Olujugba and others (2007) - Liverpool Crown Court
- SFO-v-Bates and Lesser (2008) Croydon Crown Court
Key Cases- FSA
- FSA-v-Wills and Co Stockbrokers (a firm) (2010) - RDC /FSMT OIVOP proceedings
- FSA-v-Gower (2010)– APER 3
- FSA-v-M –market abuse / PRIN 1
- FSA-v-G- a firm
- FSA-v-C -market abuse
- FSA -v-B, L, S, P, S - acting for Directors of a regulated firm in relation to alleged breaches of APER
- FSA-v-G (a firm) RDC/FSMT OIVOP proceedings
- FSA-v-B (a firm) - alleged breaches of PRIN
- FSA-v- C (a firm) - alleged breaches of PRIN
- FSA-v-A - alleged breaches of APER 1
- FSA-v- Chhabra and another (2010) RDC/FSMT proceedings for market abuse
Contact Jason Mansell
Phone: +44 (0) 20 7242 3555
Fax: +44 (0) 20 7242 2511
Email: clerks@7br.co.uk