FCA v NatWest
Instructed by the Financial Conduct Authority as prosecution junior in its successful investigation and prosecution of NatWest for breaches of the Money Laundering Regulations 2007.
Tom advised the FCA throughout the complex and large investigation, on the charging decision, throughout the plea discussions (conducted under the AG’s guidelines for cases of serious or complex fraud) and the eventual criminal proceedings. He was led by Clare Montgomery QC and Matthew Butt QC.
NatWest pleaded guilty and was sentenced to a fine of over £264m, thought to be the largest fine ever imposed in this country upon conviction.
The case was extensively reported, and represented the first time that the FCA has prosecuted anyone under the Money Laundering Regulations, and the first time it has prosecuted a large bank. The case has been described by commentators as a “milestone for the FCA,” “sending shockwaves through the City and Canary Wharf”.
FCA v B and S (Southwark Crown Court, April 2022)
Representing second defendant, charged with insider dealing (led by Guy Ladenburg).
A company services provider
Advised a company services provider and its director on an investigation by the NCA into alleged breaches of Ukraine/Russian sanctions. Led by Rachel Barnes.
R v H (Central Criminal Court)
Represented serving police officer charged with terrorism and fraud offences (led by Ailsa Williamson)
The Financial Regulators Complaints Commissioner (2017)
Advised a complainant to the Complaints Commissioner, who had been investigated by the FCA for alleged interest rate manipulation and whose case was dismissed by the RDC. The complaint was upheld, with the Complaints Commissioner finding “serious shortcomings” in the way that the FCA had handled the case.
SFO v Bush, Rogberg and Scouler
Assisted the defence team for one of the three former Tesco executives charged with fraud and false accounting.
FCA v M and C
Substantial insider dealing case.
An off-licence v Wandsworth Borough Council, Wimbledon Magistrates’ Court
Represented the respondent local authority in a contested appeal against a decision by the LSC to revoke the licence of a convenience shop in Roehampton.
An off-licence, Camden
Successfully represented the applicant for a new off-licence within one of Camden’s cumulative impact zones, with representations opposing the application submitted by the Metropolitan Police, the licensing authority and two local residents’ associations.”
Juju, King’s Road
Represented the Metropolitan Police Service in successful summary review proceedings before the Licensing Sub-Committee of the Royal Borough of Kensington & Chelsea. Reported in the London Evening Standard.