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The UK revamp: What will get lost in the shuffle?

A new fraud-fighting body is being created as part of the UK government’s shake-up of financial regulation. Some welcome the proposed Economic Crime Agency, saying its integrated approach is just what is needed. Others worry valuable aspects of the old system will be lost

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The UK is set to embark on the most radical overhaul of its system for investigating and prosecuting white-collar crime for a hundred years. The outcome of a consultation process, launched at the end of July, is likely to be the unification of a plethora of intelligence, investigatory and prosecuting bodies under the single roof of an Economic Crime Agency (ECA). The wider system of powers and

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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