UK Knowledge Collection | Property sector and sanctions compliance, self-reporting corporate crime, and Martyn's Law
Published on 2nd May 2025
Welcome to this week's Knowledge Collection
The Office for Financial Sanctions Implementation's most recent threat assessment report focused on the property sector and related services. It expressed significant concerns about financial sanctions compliance across the sector, which should anticipate additional scrutiny and, potentially, enforcement action in the near future. New reporting obligations, particularly affecting letting agents, will come into force on 14 May.
The Serious Fraud Office has published new guidance stating that where a corporate promptly self-reports any suspected wrongdoing and cooperates fully in investigations, it can expect to be able to negotiate a deferred prosecution agreement, avoiding prosecution, other than in exceptional circumstances. Our Insight looks in more detail at the implications for businesses.
Martyn's Law, intended to better protect the public from terrorist attacks, introduces new counter-terror duties for those in control of certain premises or events. It was enacted in April and provides a two-year implementation period for businesses to prepare.
Our monthly Regulatory Outlook provides a summary of what's coming up in a variety of business compliance areas: sanctions, bribery, fraud and anti-money laundering, and health and safety being three of them. And our Eating Compliance for Breakfast series includes a webinar on 22 May on how to conduct a country compliance risk assessment for anti-money laundering and counter-terrorism financing compliance purposes.
Recent Insights
UK sanctions regime puts property sector under scrutiny as letting agents face new obligations
New rules and OFSI concerns mean firms should take steps to improve compliance.
Read more >
ESG Knowledge Update | April 2025
A round-up of UK, EU and international legal, regulatory and market news.
Read more >
Regulatory Outlook
Our monthly update on UK regulatory developments covers 19 areas of business compliance, including AI, consumer law and cyber security.
Read more >
UK Serious Fraud Office publishes guidance on corporate co-operation and enforcement
The new guidance applies to England, Wales and Northern Ireland.
Read more >
Martyn's Law introduces new security measures for public premises and events in the UK
Businesses have a two-year period to implement counter-terror duties under the Terrorism (Protection of Premises) Act 2025, with further guidance expected from the Security Industry Authority.
Read more >
Upcoming Events
OTT Forum V
13 May | 09:30-14:00
Our experts on over-the-top subscription services will discuss policy objectives; whether streaming services should be classified as "digital content"; new subscription rules in the US; unfair commercial practices under the UK Digital Markets, Competition and Consumers Act; and more.
Register now >
Eating Compliance for Breakfast | Spring webinar series
May and June | Tuesdays and Thursdays | 09:00-09:30
The impact of new regimes for using staffing companies, zero hours agency working and umbrella workers: how to minimise cost and risk | 6 May
Employment Rights Bill: essential insights and immediate action | 8 May
Understanding and building effective relationships with regulators | 13 May
Responding to the rise of private enforcement and group action litigation | 15 May
What does 'good due diligence' really mean | 20 May
How to conduct a country compliance risk assessment | 22 May
Is sustainability sustainable in the new world order? | 3 June
What is the EU Omnibus Directive and how should business prepare for it? | 5 June
Director accountability: The impact of corporate ethical non-compliance | 10 June
Lessons from the Post Office scandal: ethics for compliance officers and in-house counsel | 12 June
Life Sciences Academy | Navigating the EU pharmaceutical reform: Key changes and strategic implications
20 May | 10:00-11:00
The latest legislative changes in the EU pharmaceutical sector, including regulatory updates, data exclusivity, and supplementary protection certificates.
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London International Disputes Week
The Arbitral Institutions Congress | 4 June | 09:00-15:30
India’s FTA strategy: rethinking dispute resolution beyond ISDS | 4 June | 11:00-12:30
The crypto fraud and asset recovery CFAAR network's third barrister bash | 4 June | 16:00-17:30
International disputes involving parties from Central Asia | 5 June | 11:00-12:30
Pensions Coffee Break
12 June | 11:00-11:30
Recent developments and what they mean for trustees and employers, including the upcoming Pension Schemes Bill, the government pensions review, and consultation responses.
Register now >
