- SEC Charges Golfing Buddy with Insider Trading Ahead of Bank Acquisition
- Barclays Bank adds to its new global financial crime unit
- Is the UK elimination of criminal intent for criminal prosecution of tax non-compliance sound ? Is tax non-compliance equal with ‘Cruelty to Animals’ and ‘Illegal Guns’?
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SEC Charges Golfing Buddy with Insider Trading Ahead of Bank Acquisition O’Neill tipped Robert H. Bray, a fellow golfer with whom he socialized at a local country club. In the two weeks preceding a public announcement about the planned acquisition, Bray sold his shares in other stocks to accumulate funds he used to purchase Wainwright securities. |
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Barclays Bank adds to its new global financial crime unit Joe Smith, Wells Fargo’s deputy money-laundering reporting officer and financial crime reporting officer, will join Barclays as a vice-president in October. |
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The Government has announced its intention to introduce a new strict liability criminal offence. This consultation seeks views on the design of this offence. |
The UK Government has announced its intention to introduce a new strict liability criminal offence, similar to the crime of cruelty to animals.
Strict liability offences
2.5 A strict liability offence is a criminal offence where it is not necessary for the court to ascertain the state of mind of the defendant before convicting.
Box 1: Other strict liability offences
There are several existing offences which can be construed to imply strict liability, including some carrying custodial sentences. These include, for example: …
Cruelty to animals, including the offences of causing unnecessary suffering while transporting an animal or holding it at a market; ….
William Byrnes' Tax, Wealth, and Risk Intelligence 