Simpson Thacher Will Pay £362,000 to Settle Compliance Investigation in UK
The firm was first referred to the Solicitors Disciplinary Tribunal by the U.K. industry regulator last summer over claims of ...
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Ethereum market split: Whales buying, smart money selling – What’s happening?
ETH’s market activity signaled potential shifts as key players adjusted their positions. Here's what happened.
Legal Futures3d
Court: Solicitors’ breaches of AML rules “strict liability offences”
Breaches of AML rules are effectively strict liability offences and the SRA does not need to show severity to prove ...
Simpson Thacher fined £362,000 over anti-money laundering failures
US law firm Simpson Thacher & Bartlett must pay £362,000 to England’s legal regulator after admitting failings in relation to the anti-money laundering controls in place in its London office. The ...
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Lawyers worried by over-reliance on SRA discretion post Dentons
Specialist regulatory lawyers have expressed concern that the High Court ruling in the Dentons case places too much reliance ...
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Solicitor suspended following stalking conviction
Serious nature' of former City lawyer's conduct meant 'there was a need to protect the public', SDT judgment says.
The Law Society Gazette4d
SRA overturns Dentons acquittal in AML case
Acknowledging the ‘stigma of an adverse disciplinary finding’, the judge said SRA guidance ‘indicates that only serious ...
Simpson Thacher to Settle UK Compliance Investigation
The firm agreed to pay a financial penalty of £300,000 as well as an addition £62,000 to cover legal costs incurred by the Solicitors Regulation Authority.