The Evolving Compliance Landscape

June 14, 2017

40 Liverpool Street
London EC2M 7QN
United Kingdom

CPD / CLE credit applications will be made.

McGuireWoods, Kroll and our guest panellists engaged in a discussion on the regulatory and legal developments within compliance and the challenges facing corporate counsel.

Panel 1: The evolving compliance landscape

The panel will discuss legal issues arising from recent and continuing developments, such as:

  • Anti-money laundering improvements and suspicious activity report refinements (i.e., Criminal Finances Bill and the 4th Money Laundering Directive (MLD))
  • The role of the money laundering reporting officer under the 4th MLD
  • Beneficial ownership
  • How “failure to prevent” offences work in practice. Will there be a “failure to prevent economic crime” offence and what impact would that have? What does all this mean for corporate criminal liability, vicarious vs. directing mind?
  • Self-reporting, deferred prosecution agreements and other forms of alternative dispute resolution
  • The Senior Managers Regime and other attempts (persons with significant control) to make the board accountable

Speakers

  • Alun Milford, Serious Fraud Office
  • Paul Laffan, UK Head of AML and Financial Crime at State Street Bank
  • David Kirk, Partner, McGuireWoods London (previously Chief Criminal Counsel at the FCA)
  • Michael Bowes, QC (Moderator)

Panel 2: Specific challenges facing general counsel

Speakers

  • Struan Robertson, Head of Legal Services, Clarksons
  • Adam Tow, General Counsel, Clear Channel
  • Howard Cooper, Managing Director, Kroll
  • Tommy Helsby, Chairman, Kroll (Moderator)