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For more information please contact our clerks by calling +44 (0)20 7242 3555.
Financial Crime Team: Covid 19 update
Our first priority is for the safety of those with whom we work, and for the safety of our own members. We continue to be involved in some of the most significant Financial Crime, Regulatory and Financial Services investigations, both in the UK and Offshore/Internationally. Through the use of video and audio technology of the highest quality, installed in chambers last Autumn, all members of the team are able to work remotely.
That includes the ability to attend hearings remotely, and the ability to conduct multi-party meetings/conferences, both in the UK and/or through simultaneous link to other jurisdictions. In addition, and critically for the type of work we undertake, the technology also allows remote audio & visual inter-party examination of documentary material, together with the ability to create/amend documents in real time either individually or collectively, again by secure means. The technology therefore enables us to continue to work with those who instruct us, and to provide assistance to our clients, wherever situated, to the very highest standard.
We would welcome the opportunity to give a practical demonstration of the technology to professional clients who work with us or would like to work with us. In that regard, please contact our senior clerk, Steve Wright, to arrange a demonstration, together with a member of the team where appropriate, on a pro-bono basis. The technology really does make a difference.
As to the impact of Covid 19 in terms of the legislation recently put in place, David O’Mahony has written an article summarising the relevant provisions of the Coronavirus Act 2020. You can see the article here. In addition, chambers are hosting a number of lunchtime webinars over the forthcoming weeks, in respect of current financial crime, regulation and financial services subjects. Details of the timetable and subject matter can be found on the chambers website.
We hope that all our colleagues, and their friends and families, remain safe and healthy – and our thoughts are with those who have been most affected at this difficult time.
7BR’s Financial Crime barristers offer a comprehensive and modern service to individuals, corporates, businesses, prosecuting authorities and regulatory bodies in the UK and abroad. Our expertise in civil and criminal fraud, financial services, regulation and related public law matters allows us to adopt a multi-disciplinary approach and provide highly strategic advice focussed on securing the best possible solution for the client.
Members of the team are currently instructed for and against the SFO and FCA in some of the biggest and most complex fraud and corruption investigations running. We advise on internal investigations, reporting obligations, the lawfulness of search and seizure warrants, Production Notices, DPA negotiations, Private Prosecutions, asset freezing and forfeiture and all other aspects relating to fraud & corruption. We have particular experience advising financial service providers, corporates and other businesses on AML/CFT compliance reviews and a growing specialism in cryptocurrency matters. 7BR has a prominent offshore and international practice, with members regularly advising and appearing in the Channel Islands, the Isle of Man, Gibraltar, Cyprus, the Caribbean, and Hong Kong among other jurisdictions.
Within financial services, members are instructed by both regulators and also by leading solicitors on behalf of firms and individuals in connection with FCA enforcement investigations and enquiries. Members are currently instructed in many of the high profile regulatory issues relating to LIBOR manipulation, interest rates swaps mis-selling, breaches of the Listing Rules, breaches of the regulatory perimeter and market abuse. Members also advise on applications for FCA approval, regulatory gateway issues, skilled person reviews and supervisory interventions through the OIVOP procedure. Members also act in proceedings before the FRC, and the disciplinary committees of the ICAEW, ACCA, and CIPFA.
Yes, please call Chambers mainline number +44 (0)20 7242 3555 and you will be directed to the out of hours phone lines.