Financial Crime Weekly Podcast

Christopher Kirkbride

Welcome to the Financial Crime UK Weekly podcast. I’m Chris Kirkbride and I lecture law. This is an introductory podcast to give you a guide as to the sort of things which we will be looking at on this podcast in the first week of every month. However, there will be specials and additional podcasts out of this sequence if something happens which is significant and deserves a special episode. So, what are the sort of things we’ll be talking about? Well, we will cover news, events, legal developments, and anything else that relates to financial crime, in the UK – obviously, because that is in the podcast title – but also in other jurisdictions. No man is an island and financial crime certainly does not respect national borders. Broadly, the coverage will be all aspects of: Fraud | Bribery | Market abuse and insider dealing | Money laundering and terrorist financing | Data and information theft | Cybercrime (phishing / smishing) and the challenges generated by fintech in terms of finance crime threats. While these might be financial crimes, strictly speaking, but that is not all. It is necessary to reflect on the responses to financial crime which the state adopts. While this is less about fines and imprisonment, we will focus on confiscation and recovery schemes, sanctions imposed on those who have committed financial crimes, together with arrangements designed to allow the offender to avoid/defer prosecution, namely, deferred prosecution agreements. Consideration will also be given to the regulatory architecture of financial crime, both domestic and international – as stated, financial crime does not respect borders – together with regulatory enforcement and aspects of the compliance industry – the industry which helps commercial entities stay on the right side of the law. Finally, and this is a particular interest of mine, but I am fascinated by the interface between criminal and civil law where the facts of an event could lead to prosecution or civil action. Consequently, while this is a financial crime podcast, we will also consider those situations where the civil law might bring about a robust response to financial wrongdoing. So, that’s it from me for now except to say that the podcast is available from the usual places, Google Podcasts, Spotify, iTunes, and others.

  1. 2h ago

    Financial Crime Weekly Episode 293

    Welcome to episode 293 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions and export controls, the UK government has designated 15 Sudanese military commanders, proposed updates to strategic technology export control frameworks, refreshed OFSI's legal services general licence, and updated ISIL/Al-Qaida designations, while in the US, Extreme Networks has resolved enforcement actions over Russian defence exports, and the Israeli Prime Minister Netanyahu has attracted criticism over a proposal to use cryptocurrency to bypass sanctions. Major fraud and corruption enforcement features federal indictments in a $135 million Medicare fraud, a $9.1 million licensing fraud, pandemic loan fraud prosecutions in the US and UK, and a guilty plea in a $3 million NCAA point-shaving ring. In regulatory and legal developments, the UK FCA has imposed restrictions on six Annex 1 lenders over anti-money laundering deficiencies, while a coalition of 21 state attorneys general sued FinCEN over its rollback of Corporate Transparency Act beneficial ownership reporting rules. Finally, in cybercrime, INTERPOL's Operation Serengeti III netted 1,462 arrests and recovered over $105 million across Africa, a former UK minister has indicated state involvement in the Jaguar Land Rover cyber-attack, and a Ukrainian ransomware affiliate has been sentenced to 70 months in federal prison. A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.   The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1’ by BenKirb from Pixabay.

    Financial Crime Weekly Episode 293
  2. 3d ago

    Financial Crime Weekly Episode 292

    Welcome to episode 292 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on enforcement and fraud actions there is a £307,690 confiscation order against a Birmingham accountant for pandemic support scheme fraud, the European Commission’s formal Digital Services Act proceedings against Booking.com regarding fraudulent property listings and ad transparency, and a guilty plea by New Jersey influencer Cesar Humberto Pina involving investment fraud, drug money laundering, and municipal bribery. On money laundering, the UKFIU SARs Annual Report 2025–2026 revealed a record £422.3 million in denied criminal assets alongside 896,414 SAR submissions, while the Solicitors Regulation Authority has issued updated guidance on firm-wide AML controls. Meanwhile, the UK FCA has banned and fined former Vector Wealth executives over £4 million in high-risk investment losses. Regulatory developments saw the FCA publish good practice guidance on AI adoption and FCA Chief Executive Nikhil Rathi call for system-wide collaboration against digital market risks, alongside a UK Government consultation on whistleblowing framework reforms and a proposed SFO financial rewards scheme. A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.   The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1’ by BenKirb from Pixabay.

    Financial Crime Weekly Episode 292
  3. Oct 15

    Financial Crime Weekly Episode 289

    Welcome to episode 289 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, UK OFSI guidance regarding specific financial licences post-delisting, a new UK property lease general licence alongside autonomous sanctions against two Iranian nationals, OFAC designations targeting Cartel del Noreste's commercial and horse racing networks, and the EU's largest-ever sanctions package against Russia. On fraud and money laundering, there is a guilty plea by a former US postal carrier in a $34 million mail theft scheme, over $1.9 billion in combined US regulatory penalties against Bank of America for Bank Secrecy Act, AML, and sanctions violations, and the arrest of Alvaro Pulido Vargas in connection with $1.6 billion in Venezuelan bribery and money laundering schemes. In market abuse and regulatory updates, there are joint FCA and NCA arrests targeting an organised insider dealing ring, the court-ordered winding up of UK firm Ellan NW Ltd for subverting insolvency procedures to evade creditor claims, updated Serious Fraud Office corporate self-reporting guidance, and a major UK government consultation on whistleblowing reform and a proposed SFO economic crime informant reward scheme. Finally, on cybersecurity, cyber incidents impacting Italy's Foreign Ministry, retailer Asos, and Swiss pension fund Publica, alongside a joint international advisory exposing China-based Integrity Technology Group for supporting global cyber-attacks. A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.   The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1’ by BenKirb from Pixabay.

    Financial Crime Weekly Episode 289
  4. Oct 4

    Financial Crime Weekly Episode 286

    Welcome to episode 286 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US Treasury has targeted the Tren de Aragua cyber-fraud network, Cuban trade restrictions, and the "A7 Network" shadow banking system, while the UK has enacted 31 new Russia-related designations, extended the Sakhalin-2 oil price cap exceptions, authorised LNG maritime transport to Japan and South Korea, and initiated its annual frozen assets reporting review. On fraud, National Trading Standards in the UK has launched an AI Scam Watchlist, while US authorities have prosecuted an $80 million federal procurement set-aside fraud scheme, and a $620,000 gang-related mail theft and bank fraud ring. On bribery and corruption, federal prosecutors indicted a former restaurant supply cooperative executive in an $80 million kickback scheme, and the United States has formally notified the Council of Europe of its withdrawal from the anti-corruption monitoring body, GRECO. Finally, the episode covers SEC insider trading charges against a former pharmaceutical executive, ESMA's proposed regulatory revisions to strengthen the EU Markets in Crypto-Assets framework, and there is a £1.8 million Proceeds of Crime Act confiscation order against a former UK National Crime Agency officer following a dark web Bitcoin theft. A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.   The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1’ by BenKirb from Pixabay.

    Financial Crime Weekly Episode 286

About

Welcome to the Financial Crime UK Weekly podcast. I’m Chris Kirkbride and I lecture law. This is an introductory podcast to give you a guide as to the sort of things which we will be looking at on this podcast in the first week of every month. However, there will be specials and additional podcasts out of this sequence if something happens which is significant and deserves a special episode. So, what are the sort of things we’ll be talking about? Well, we will cover news, events, legal developments, and anything else that relates to financial crime, in the UK – obviously, because that is in the podcast title – but also in other jurisdictions. No man is an island and financial crime certainly does not respect national borders. Broadly, the coverage will be all aspects of: Fraud | Bribery | Market abuse and insider dealing | Money laundering and terrorist financing | Data and information theft | Cybercrime (phishing / smishing) and the challenges generated by fintech in terms of finance crime threats. While these might be financial crimes, strictly speaking, but that is not all. It is necessary to reflect on the responses to financial crime which the state adopts. While this is less about fines and imprisonment, we will focus on confiscation and recovery schemes, sanctions imposed on those who have committed financial crimes, together with arrangements designed to allow the offender to avoid/defer prosecution, namely, deferred prosecution agreements. Consideration will also be given to the regulatory architecture of financial crime, both domestic and international – as stated, financial crime does not respect borders – together with regulatory enforcement and aspects of the compliance industry – the industry which helps commercial entities stay on the right side of the law. Finally, and this is a particular interest of mine, but I am fascinated by the interface between criminal and civil law where the facts of an event could lead to prosecution or civil action. Consequently, while this is a financial crime podcast, we will also consider those situations where the civil law might bring about a robust response to financial wrongdoing. So, that’s it from me for now except to say that the podcast is available from the usual places, Google Podcasts, Spotify, iTunes, and others.

You Might Also Like