You, Regulatory Solutions
& Ince, in any case

01-12-2022 / Real Estate

We are delighted to announce that Greg Smith and Ross Cameron have joined our team in Scotland.

23-11-2022 / Insurance, Maritime, Real Estate

We are pleased to be celebrating one year since opening our first Scottish office in the city of Glasgow.  Stefanie Johnston, dual-qualified Partner and Head of Scotland, has worked tirelessly over the last year to develop our offering through the opening of an Ince office in what is arguably an established Scottish market. Starting from the ground up, Stefanie and her team have successfully gained an admirable reputation in the region and further afield in the maritime, insurance, real estate and regulatory sectors. 

09-11-2022 /

Bernie Ecclestone, former chief executive of Formula 1, is set to face trial before Southwark Crown Court in October 2023 on a charge of fraud by false representation. The charge followed a “complex and worldwide” investigation by HMRC and relates to a Singapore Trust, which Ecclestone allegedly failed to declare for tax purposes, holding assets of an estimated £400m+. This is understood to be a substantial proportion of his net wealth, which is said to include real estate in various jurisdictions, a yacht and private planes.

28-10-2022 /

Announced in Parliament on 22 September 2022, the proposed new Economic Crime and Corporate Transparency Bill had its second reading in the House of Commons on 13 October and entered the Committee Stage on 25 October. The strategic objective of the Bill is contribute to the priority to reduce crime, increase the UK's prosperity and enhance security. This insight summarises the key provisions of the Bill.

12-09-2022 /

29-03-2022 / Energy & Infrastructure

On 24 March 2022, the Court of Appeal overturned the conviction of a second man, Paul Bond, prosecuted by the Serious Fraud Office (SFO) in relation to alleged wrongdoing by Unaoil. 

22-02-2022 / Energy & Infrastructure

We previously reported on the Deferred Prosecution Agreement (DPA) entered into between the SFO and Amec Foster Wheeler Limited (Amec) relating to the use of corrupt agents in the oil and gas sector. The timing of the agreement was particularly significant, as it came on the tenth anniversary of the Bribery Act 2010 and was the tenth DPA entered into by the SFO. As part of the DPA, we reported that Amec had agreed to pay a financial penalty to authorities in the UK, US and Brazil, including compensation to the people of Nigeria.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

Here at Ince, we decided to take a look at how Psychedelic compounds are currently regulated in some of Europe’s major economies. We reached out to some of the most experienced Life Sciences lawyers in France, Germany, Netherlands, Portugal and Spain to assist us with an overview of the regulatory landscape for Psychedelics business in Europe.

01-02-2022 /

The Psychedelics industry is on the rise in North America and as usual, where the US goes, the UK and EU aren’t too far behind. Specific consideration has been given to domestic legislation relating to psychoactive substances, and analogue compounds, equivalent to the Federal Analogue Act in the US.

16-12-2021 /

There will be occasions when Family law and Criminal law overlap. However, there will often be clashes and competing interests in the arena of confiscation proceedings and the determination of available assets.

12-08-2021 /

The Sentencing Guidelines Council has today published the first sentencing guidelines for offences under the Modern Slavery Act 2015 (MSA).

04-08-2021 /

27-07-2021 / TMT

19-07-2021 / Energy & Infrastructure

12-07-2021 /

09-07-2021 /

On 7 July 2021, the FCA published a joint Discussion Paper (DP) with the Prudential Regulation Authority (PRA) and the Bank of England ‘Diversity and inclusion in the financial sector – working together to drive change’.

28-06-2021 /

03-06-2021 /

In a recent case before Westminster Magistrates’ Court, a District Judge has lifted an anonymity order protecting the identity of a couple, known presently as X and Y, who are challenging an application by the National Crime Agency ( NCA) for an account forfeiture order ( AFO ).

19-04-2021 /

We are pleased to announce that Colette Kelly has joined as a new Partner in our Regulatory Solutions team.

26-03-2021 / Real Estate

The Fifth Money Laundering Directive came into force in January 2020, extending the UK Money Laundering Regulations and implementation of regulatory controls to include real estate firms, real estate brokers, estate agents and rental intermediaries.

15-03-2021 / Real Estate

New digital client onboarding solution delivered in collaboration with leading technology providers eLegal, Yoti and Arachnys.

11-02-2021 /

With legislative change in the air, many more firms in Gibraltar will find themselves looking at how they can comply with the requirement to have an independent AML audit each year.

02-12-2020 /

EU Member States are expected to have implemented the 6MLD into their national legal frameworks by the 3 December 2020.

10-11-2020 /

Money laundering is big business. The United Nations Office on Drugs and Crime estimated the amount of money laundered globally in one year is 2 - 5% of global GDP, or US$800 billion - US$2 trillion.

13-10-2020 /

As society and the business landscape evolves with new ways of working; distribution channels; products; and the pace of regulatory change, the status of compliance for companies also needs to keep in step.

06-10-2020 /

Earlier this year in May, the Ministry of Communications and Information and the Personal Data Protection Commission (“Commission”) invited feedback from the public on the draft Personal Data Protection (Amendment) Bill (“Bill”).

25-09-2020 /

Letting agents do not need to go to the lengths of the big, bad wolf of blowing the house in, to comply with the Fifth Money Laundering Directive (5MLD).

20-07-2020 / Real Estate

On 29 March 2018, the Treasury Committee launched an inquiry into Economic Crime including the examination of two areas where a risk of money laundering had been identified — property and company formation.

05-05-2020 /

In the past 12 months we have heard lots about Brexit and COVID-19, both really important issues that affect Gibraltar and its people. However, this has meant that other issues that we have been aware of, such as the MONEYVAL assessment, may have been put on a “back burner”. It is really important at these times to remember that we all have a responsibility to support Gibraltar in being compliant in protecting its reputation as a safe place to do business; particularly regarding Anti-Money Laundering & Countering the Financing of Terrorism.

28-04-2020 /

The Art of Lateness and HMRC Registration White Rabbit from Alice in Wonderland – "Oh, my fur and whiskers! I’m late, I’m late, I’m late! Oh, dear, oh dear, oh dear! I’m here, I should be there. I’m late, I’m late, I’m late! The queen, she’ll have my head for sure!" "Court is now in session!" "Her Majesty, the Queen of Hearts, presiding!" "I'm late! I'm late! I'm dreadfully, awfully late! The queen will roast me for dinner! If I'm late for the trial, it'll be off with MY head next!"

01-04-2020 /

On Thursday 26 March, the Regulatory Solutions team at Ince delivered a talk on financial crime virtually to the Royal Institute of Chartered Surveyors at the RICS conference.

31-03-2020 /

“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” — Bitcoin’s purported founder Satoshi Nakamoto “I believe... I believe... Even though it's silly, I believe” says Susan from a Miracle on 34th Street

30-03-2020 /

Cybercriminals are taking advantage of the increasing amount of time that people spend online due to the coronavirus outbreak [1]. With the volume of business conducted online, our fear is becoming their business opportunity.

20-03-2020 /

“This is not a time for ideology and orthodoxy, this is a time to be bold, a time for courage.” Rishi Sunak, Chancellor of The Exchequer – 17th March 2020

05-03-2020 /

More information on how the FSA Novel Food application procedure is going to work has been provided by the ACI. In particular they have provided further clarity on the application timetable and the likely cost burden on SMEs.

19-02-2020 /

The Novel Food announcement by the FSA landed last week and created major waves in the CBD world. By then we had all been waiting on this guidance from the regulator for a long time. It wasn’t the announcement that I would have wanted, but like Brexit, whether you were for it or against it, it has happened. At this point in time, any kind of clarity is welcome. Now we await the formal protocols of the application process but there is enough information around for us to start getting into the detail.

04-02-2020 /

“Romeo, Romeo, wherefore art thou Romeo? As uttered by Juliet on her balcony looking out to the garden, and Romeo waits in the shadows.

14-01-2020 /

Oliver Twist: And you Dodger, you're my friend The Artful Dodger: Huh! A friend's just an enemy in disguise. You can't trust nobody. 

04-11-2019 /

If in Roman Catholic theology, Limbo is the border place between heaven and hell, then Bitcoin and its peers have been living in somewhat of a regulatory limbo over the last couple of years.

06-02-2019 / Energy & Infrastructure

The UK data protection regulator has issued its first enforcement notice against a non-EU company. Canadian AggregateIQ Data Services Ltd (AIQ), which is alleged to have ties to Cambridge Analytica, used the personal data of Facebook users to target pro-Brexit advertisements at prospective voters online during the Brexit referendum campaign.

19-07-2018 /

From 1st April next year, Authorised Fund Managers (AFMs) will be subject to new measures as set out by the Financial conduct Authority (FCA) in its April policy statement, where it specified changes to the [FCA] handbook.

22-05-2018 /

This article was published in Global Banking and Finance April 2018 Ince Gordon Dadds, the legal and professional services firm, is urging businesses to get smarter in how they handle money laundering or face the wrath of HMRC with some hefty financial fines. It warns that the digitalisation of cash has led to increased risks to businesses from money laundering. Whilst the majority of businesses are good at acknowledging these risks, they need to do more to mitigate the risk of money laundering.

23-04-2018 / Aviation & Travel

Only a few years ago, many people had never seen or even heard of a drone. Today, in many major cities around the world, it would be an achievement to get through the week without seeing at least one. This is particularly true in Dubai. The UAE is striving to become a world leader in the use and development of drone technology: from the expectation that within the next few years taxi-drones will be operational within the city to the Drones for Good Awards launched by the office of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai to reward drone initiatives aimed at improving people’s lives.

16-12-2017 /

China’s high profile campaign against corruption is now nearly four years old. During this time, the campaign introduced political and legislative reforms as well as much anticipated new legislation to assist in the crackdown on corrupt party members, officials and conglomerates. However, most of the directives were initiated in Beijing, at the Central government level, and targeted at official corruption leaving loopholes at the commercial level.

16-10-2017 /

September 2017 proved to be a busy month for enforcement authorities, including the UK Serious Fraud Office (SFO) in its ongoing war against international bribery and corruption, serving as a reminder that those operating in the shipping and energy sectors must remain alive to the risks of being convicted of such crimes