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Taylor Wessing Unveils New Corporate Crime Fighting Unit

Taylor Wessing Unveils New Corporate Crime Fighting Unit

Taylor Wessing has revealed it is introducing a Corporate Crime & Fraud unit to the firm. The unit aims to advise clients not only about how to follow certain laws and regulations regarding corporate misconduct in order to prevent such crime but also about how to act when they have been affected by such criminal activities. This international unit will comprise of 40 partners and another 60 lawyers from the firm. They all come from a number of practice areas, including data protection, financial services regulation, sanctions, competition, anti-corruption, investigations, employment, litigation, regulation and criminal defence. The unit will use this expertise to advise on legislation regarding money laundering, bribery and corruption and sanctions in order to take preventative measures to ensure this legislation is adhered to and fully understood. Lawyers from within the team have already advised a number of clients on the above issues, including the Serious Fraud Office, Financial Conduct Authority and Competition and Markets Authority (UK), BaFin, and the Department of Justice to name a few.
The firm cites three main objectives of the unit when dealing with clients; preventing corporate misconduct from their client, detecting an issue and ensuring an international team can be mobilised immediately and finally, responding to such corporate wrongdoing through defending and taking legal actions where it is necessary. Leading the team will be David de Ferrars and Tim Strong, partners from disputes and investigations. The unit has been described by de Ferrars as a “one-stop shop” for advice about corporate misconduct. He also cited that the huge amount of expertise within the team and its ample global outreach allows it to mobilise a great deal of force for its clients.

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