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Case Summary: 

An international conspiracy to bribe officials of a government in connection with a substantial contract has resulted in the conviction of a company and several senior staff and officers.

Type of conduct: 
Corruption

There is no fixed deadline for a deal to be done but there is, in principle, a date upon which the UK will no longer be part of the EU. That date, however, is not actually as fixed as it might appear and there is authority for saying that the UK could press reset and start the whole negotiation period afresh when the UK and the EU have got their acts together.

We have considered what a "soft brexit" means (here) and in this article, we look at a "hard brexit" also known as a "no deal brexit."

This week, some Conservative Party MPs delivered, in sufficient number, a letter to the party's managing committee, the 1922 Committee. It expressed that they had no confidence in the Prime Minister and that the party should replace her. The timing, many have said, was a mistake, that those seeking her removal, should have waited until after the Brexit vote and attack her then, if she lost. That, it is here opined, would have defeated the purpose of this week's supposed rebellion.

CoNet Section: 

It would be far more sensible if the UK scrapped its money laundering laws, wrote something comprehensible and properly structured and kept it all in one place. But no, that would make life far too simple. So, we have the latest Act that has to be read in the light of, and which makes amendments to, other legislation. But it's important and so no one can simply say "stuff it" and delete it. As it comes into force, there is a hint as to at least some of the priorities in relation to international financial crime.

This is not about money laundering. It's about how the UK is de-EU-ing law and regulation ready for "exit day." The UK's draft statutory instrument called "The Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2018" is an object lesson in technical documentation. It has no life of its own and can only be read alongside other UK law and Regulations. It is of extraordinary importance not because of what it does but because of what it demonstrates. This is an indication of the clerical complexity of withdrawing from the EU even when the principles, as they will in relation to the Money Laundering Directives, will remain as now.

BIScom Subsection: 

No-deal Brexit would hit south-eastern European economies hardest among EBRD regions, says the European Bank for Reconstruction and Development (EBRD) in a surprising counter-point to the position espoused by the EU generally .

CoNet Section: 

Long, long ago we wrote about a distasteful case where a male customer had ordered a cake bearing a slogan that was a) illegal and b) offensive to the owner of the bakery. He refused, backed with public money, the customer alleged discrimination. Starting with a tribunal and running through The case, incredibly, has ended up in the Supreme Court where, on Tuesday, an outbreak of legal reasoning produced the only judgment that true reason could have conceived of.

The position relating to PEPs has always been complex but Unexplained Wealth Orders are about to take that complexity to a level previously unthought of.

The UK's Health and Safety Executive (HSE) has been made aware that two UK laboratory supply companies have supplied schools and potentially other users with gauze mats which contain asbestos. The metal gauze mats are designed for use over Bunsen burners.

CoNet Section: 

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