Tackling financial crime and fraud effectively requires swift action and experienced assistance: This is exactly what Reed Smith offers. Our team is experienced in tackling corporate crime in multiple jurisdictions across Europe, Asia and the United States. We efficiently assemble global teams which combine experience of handling criminal investigations involving the Securities and Exchange Commission (SEC), Department of Justice (DOJ), Serious Fraud Office (SFO), National Crime Agency (NCA) and criminal courts, asset tracing and conducting sensitive investigations. Whether you are responding to allegations, are facing investigations and criminal prosecutions, or have been the victim of fraudulent activity, we can help.
Anti-money laundering and counter-terrorist financing
Even companies operating outside of the financial services sector should be mindful of anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. Regulators and government agencies worldwide are focusing on tracing the transfer of money and are imposing severe consequences for non-compliance including criminal prosecution of organizations or individuals, and business-threatening regulatory enforcement action. With AML and CTF regulations differing from one jurisdiction to another, we will work with you to decode your obligations and put compliance procedures in place to safeguard your business globally.
Market manipulation and insider trading
The financial sector has long been a key focus for regulators and government agencies, with the Financial Conduct Authority (FCA), Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Autorité des Marchés Financiers (AMF), Federal Financial Supervisory Authority (BaFin), China Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC) all focusing on market manipulation and financial crime. Following the financial crash, regulators worldwide are concentrating much more on the conduct of market participants, how information is disseminated, and the way that information is used. Firms and individuals accused of market manipulation and insider trading face severe consequences, involving potential significant reputational and financial cost, along with criminal penalties. Transparency in trading, a clear understanding of the regulations governing trades, and strong compliance systems and controls are essential in mitigating risk. We focus on effective compliance to always protect our clients and help them avoid penalties. However, should enforcement action be unavoidable, firms and individuals can rely on our team to defend them effectively.
