16 March 2021
David Corker and Claire Cross write for GBRR on cum-ex
Partners David Corker and Claire Cross have written for Global Banking Regulation Review where they discuss a busy year in relation to the fallout from the cum-ex trading scandal, as a new case sheds light onto the Financial Conduct Authority’s “leisurely” approach to commencing regulatory hostilities.
“It is likely that as the plethora of criminal investigations mature, in Germany and the other affected or afflicted countries, there will be more extradition requests made of the UK by the affected EU countries. In January, Danish prosecutors announced that they were seeking the extradition of a British citizen whose identity is not yet public, whom they allege was Shah’s accomplice,” they write.
You can read the full article here.